I don't normally look into bungalows as they have a stigma that young working professionals wouldn't rent them, well guess what....you're wrong. I have friends who have rented and brought bungalows and working in the industry I see it regularly. So this two bedroom bungalow is on with Pocock & Shaw and does need some restoration. I would factor in £5000 for a tidy up new bathroom/kitchen, and don't worry you property investors will know the right people to get the work done at the right price one would assume? However we all know what happens when we assume so I have added and extra £2000 for safe keeping and any tins of worms lying around. This would then rent for £1200 a month showing a yield of 5.5%. I don't think that's a bad deal....do you?
http://www.rightmove.co.uk/property-for-sale/property-48358447.html
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