Thursday, 4 June 2015

Two Bed House in Houghton Conquest for £120,000 - Already Tenanted for £600pm



This one in Houghton Conquest is up for auction on June 17th, so you need to act quick if it tickles your fancy. There's always good demand for 2 bed houses in this village, so it should be a good long term investment for someone.

The particulars say its already tenanted for £600 per month, and is now on a periodic (rolling) tenancy. I think the rent could easily be raised to £650 - £675 per month depending on condition. Bearing in mind the photo's show the property as vacant, so they can't be very recent unless the current tenant has vacated in a hurry or doesn't have any furniture! There's parking for up to 4 cars included as well.

It's also Band F on the EPC, so it may need some money spending to bring it up to Band E by April 2016. Download the EPC from www.epcregister.com for full details.

This house last sold in May 2005 for £135,500 so I'll be checking how much this sold for after the auction!


If you'd like a chat about investing in Buy-to-let properties around the Ampthill & Flitwick area, then drop an email to me graham@1st-house-lettings.co.uk and we can meet for a coffee at my office in The Rufus Centre, Steppingley Road, Flitwick (by the sports centre).

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