Last Deal until Next Week..7.66% Rental Yield on this Property

Posted on Jun 23, 2016 |
Last Deal until Next Week..7.66% Rental Yield on this Property
Whilst eating my breakfast in the office bright and early this morning, I have found what appears to be an attractive investment opportunity with the possibility of a 7.66% rental yield. This will be the last deal for a few days as I am heading to Majorca tomorrow morning until Tuesday.

This two bedroom Maisonette located on Selby Close in Yardley is currently Marketed by Bairstow Eves Estate Agents in Acocks Green. This road is incredibly popular for rental properties, we manage several properties in this road and all attracted professional working tenants.

The property has been on the market for 4 months, in my opinion this is possibly due to the asking price originally being on the high side at offers over £100,000! This price has now been reduced by £10,000, in fact it was reduced within weeks of the property coming to the market!

The property appears to be in good condition and ready for a tenant to move into with minimal improvements and would let for £575 PCM.

The one question I would check is the length of the lease as I cannot locate this on the documentation on line or the Sales Particulars.

If you have any property related enquires please do not hesitate to contact me on 07540 462 033, if it is an urgent enquiry over the weekend please do not hesitate to contact the Sales Team on 0121 742 0404 or 0121 745 2225.

Kind regards

Paul Partridge

http://www.rightmove.co.uk/property-…/property-57959117.html

Estate Agents in Yardley Estate Agents in Sheldon