I recently found this little gem on
Rightmove:
This would make a great little rental
property. The agent is suggesting a
rental value of £775pcm but to be honest, we have several on this estate and
they range anything from £750 to £850pcm, depending on the condition and
specification.
I know I keep going on about ex council
properties but, even on the figure of £775pcm, this property will offer you a
yield of just over 6% which is about right for this area.
These properties always rent well, usually
to families and most of our tenancies on this estate have all been long
terms. These properties appear to have
been well built and will offer a good investment for years to come.
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