Back with a Bang, a Friday Morning Deal in Sheldon with 6.14% Yield and Potential to Extend

Posted on Mar 4, 2016 |
Back with a Bang, a Friday Morning Deal in Sheldon with 6.14% Yield and Potential to Extend
Here is a nice little deal I found late last night. This property had previously been sold, however it is now listed as live again. Its marketed by Burchell Edwards and ticks all the boxes for an Investor with a 6%+ rental yield and potential to develop in the future.

With the fast approaching changes to Stamp Duty on 1st April 2016, I strongly advise to act fast as this will be re-sold within days! I would also expect this property to achieve the asking price of £122,000 which in my opinion seems realistic.

This property on Milstead Road will need minor works to get it to a decent rental standard, I would look to market this on the rental market at £625 PCM.

http://www.rightmove.co.uk/property…/property-56891642.html…

Should you have any property related enquiry or would simply like a second opinion on any Investment property please call me on 07540 462 033.

Paul Partridge