Thursday, 8 October 2015

Edge of Barrowby Gate By to let deal of the week? .. Oh yes

Well, I saw this the other day on Rightmove and thought what a great buy to let deal this would make. Its a three bed semi on Valley Road, just off the Barrowby Gate.

Yes, Ok, you can get a better yield on the likes of Grantley Street and alike, but the sort f tenat that will be attracted to this will tend to stay for years, meaning hardly any voids and the capital growth on these semis has been brilliant over the last 10 to 15 years.

New kitchen, new combi boiler completely refurbed with new carpets etc. 

One for the landlords that want an easy life

On the market with Newton Fallowell for £50 less than £130,000 and she will rent ntil the cows come home at £625 per month .. a yield of 5.7% to 5.9% .. nice.

Look at the internals via the rightmove link .. nice