Holiday's Over.... back with a 2 Bedroom House in Sheldon with a Potential 6.5% Rental Yield

Posted on Aug 22, 2016 |
Holiday's Over.... back with a 2 Bedroom House in Sheldon with a Potential 6.5% Rental Yield
I am back from a week out of the office, catching up on e-mails and post I have just put aside half hour to catch up on the local property market.

I have had my eyes on this property on Rotherfield Road in Sheldon since it was reduced at the end of June, I am not sure if the 'offers over' is doing this property any favours as they do tend to go for a maximum of £125,000 in this road.

Due to the good condition of this house, the buoyant property market in Sheldon and the fact that the property is ready to let I would be tempted to offer £127,500 and look to achieve a monthly rental of £695 generating a gross yield of 6.5%.

It was great to come back to an e-mail today from an Investor from London with appreciation of the blog we are running, always nice to receive positive feedback from a potential new Landlord!

Should you have any property related query or require a second opinion on any purchase please feel free to contact me on 0121 742 0404 or 07540 462 033.

Kind regards

Paul Partridge

http://www.rightmove.co.uk/property-…/property-59257862.html

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