Tuesday 24 February 2015

4 Bed Detached in Haynes - possible 5.45% Yield...?



This 4 bed detached looks pretty cheap at £220k, and there's a 3 bed semi just rented for £950pm in the same village. It's located in a cul-de-sac just off the A6, so good links to nearby towns. 

The description says it needs updating so could be room for negotiation here. If rented for £1000pm and bought for £220k, thats a healthy 5.45% gross yield but could be more if bought for less and refurbished, potentially increasing the rental value alongside.

If you would like any advice on investing in Flitwick and the surrounding villages then drop me a line at graham@1st-house-lettings.co.uk and I'll be happy to help.



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