24 June 2015

3 bedroom detached house for sale offering a 4.2% yield


Not the greatest yield at present but this modern, detached house occupies a quiet and tucked away position within this popular south city cul-de-sac and is up for sale with TuckerGardner for £400,000. It offers practical and well-maintained accommodation that benefits from a replacement boiler and double glazed windows and doors meaning no immediate work required (a plus point already).
Now here comes the selling point; This larger than average plot enjoys a sunny aspect and provides scope for further extension, subject to consents meaning that rooms could be easily added creating a potential lettings goldmine. At present this property would rent for £1400pcm giving you an instant yield of 4.2% - imagine the yield of a 6 bedroom property and the location is great to capture working professional sharers. Built to a good standard you could easily reach £550 per room pcm so with this property potentially the sky is your limit.

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