I came across this property on Regent Road whilst carry out market research.
Three bedroom houses in this location are typically selling for between £105,000 and £120,000 with more being achieved for fully refurbished houses.
Looking at the photos there seems to be some works required . Of course always check for yourself by viewing in person.
So what is the potential yield here? Well with a rent of around £600pcm you would be looking at a yield of over 6.5% which is not bad at all. The trick here to a profitable investment will be putting the right sort of tenants in place. If you’d like any advice on how best to rent a property like this just give me a call on 0121 551 4001.
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