Apart from the disadvantage of looking like an old toilet block this 2 bedroom detached bungalow is set in The Ceders, Ampthill, a lovely private gated development and a highly desirable place to live. It's up for sale at £179,995 and it's been on for a few weeks now, so there's potential to make an offer...?
We've just let a similar sized 2 bedroom detached bungalow for £795 per month, and it went within two days of coming on the market. I'd expect this to achieve the same, or even more. This would mean a minimum 5.48% yield if bought for £175,000 - thats pretty good!
Note this a leasehold property with the following charges: Agents Note
The owner of this property informs us that the Ground rent is £100 per year. and the management charge is £1776.00 per year, this can be paid monthly.
Still looks like a good investment, with a decent yield and good capital growth!
If you'd like a chat about property investment around Flitwick and Ampthill then please drop in to our office at 21 The Rufus Centre, Steppingley Road, Flitwick - just past the colossal new sports centre that's currently under construction - 01525 838848.
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