Monday, 18 May 2015

Flitwick - 5.09% Yield For 2 Bed Cluster Home



This is a nice example of a sound investment in Flitwick, a two bedroom cluster home that's ready to go! From the photo's it looks fine, and its overlooking the allotments so no chance of being built upon right next door. There is a whole new estate (422 dwellings) just about to start on the other side of the allotments though, so it could be slightly noisy in the daytime for the next couple of years - but as a bonus the new estate could also bump up prices for the surrounding properties.

I think this would currently rent for £700 per month, meaning a steady gross yield of 5.09% if bought for £165,000 - not bad at all. A lot of properties are rented on the Millwright Way area, we already manage some here and they all do very well with minimal voids or hassle.

If you'd like a chat about buying to let in Flitwick or Ampthill then please give me a call on 01525 838848 or drop an email to graham@1st-house-lettings.co.uk 

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