Ideal FREEHOLD invesment property for sale, giving £2650 rental income

By -
A chance to buy a Freehold property which was converted in 2012 to four individual apartments. Each of the apartments is rented and provides a rental income of £2650 per month so a yield of 5.8%.

The property is producing income from day 1 and this is a rare chance to add to or start building a property portfolio. 

Here is the link

https://www.martinco.com/property/for-sale/319968
Location: Basingstoke, UK

Comments

Post a Comment

Popular posts from this blog

Nice low guide Price for this property

By -
Image
I was on Rightmove this morning and saw two low guides, which are ideal for buy to lets. http://www.rightmove.co.uk/property-for-sale/property-45608319.html http://www.rightmove.co.uk/property-for-sale/property-45608322.html Both are for being auctioned and will sell on the day, they will be rented for around £650 per month, so depending on the price around £115,000 would be 6.8% however they might go for less then this even if you are lucky on the day. The lowest guide is £75,000 which is over 10%.
Read more

How will the Election Impact the Basingstoke Property Market?

By -
Image
After the governments surprise announcement of a snap election of 8 th June 2017, a number of our customers have asked me how this is likely to impact the housing market. It is fair to say that historically, a general election has usually signalled a decline in property sales, just before the election, only for this to return to normal figures shortly after the dust has settled. However, given that general elections since 1980 have nearly always fallen in May or June, looking at the seasonally adjusted figures since 2005, it would suggest this is nothing more than an annual trend in the housing market.   Source: HMRC The main highlights from the graph above are: ·          The number of property sales drop from their peak of 150,000 per month at the end of 2007 (coinciding with the credit crunch/recession). ·          A peak in December 2010 coinciding with the end of the Stamp ...
Read more

Royal Title and Property Values

By -
Image
It’s a boy! Congratulations to the Duke and Duchess of Cambridge on their new arrival, the fifth in line to the throne. While we await a name, in property terms which are the most valuable, or familiar of the bookmakers favourites? Over the last year properties sold on streets bearing all the names with the exception of Frederick exceed the UK average house price of £225,047. Properties sold on streets bearing Albert, Elizabeth and Mary attracting the highest price premiums. Victoria is the most popular girls street name, Albert for a boy, over 3300 and 1300 sales respectively taking place on streets bearing these names, compared to less than 40 for Alice and just 130 for Philip. And what of George and Charlotte? Properties sold on streets including George, sold on average for over twice the UK average at over £483,000, while Charlotte attracts a premium of over £70k compared to the UK average.
Read more