This great family home has come on to the market with Russel + Aitken and I think it would make a perfect investment property.
The property is a spacious mid-terraced villa at 10 College Crescent in Falkirk. College Crescent is at the back of Forth Valley College. There is plenty of accommodation including a decent sized lounge, a fitted kitchen, 3 double bedrooms, a bath/shower room, gardens and off street parking. In addition, the property has gas central heating and double glazing.
There are a couple of points to note.
The first is that some of the decor and carpets as
outstanding ..... and by that I mean very loud and colourful! A wee bit of toning down the decoration would
be needed to make this property attractive to a wider audience.
The second point to note is the bathroom situation as it
is unclear exactly what type of bathroom the property has. It would be work checking this out to make
sure that it is a sensible bathroom.
Doing the maths. The price is offers over £92,000 so
let’s say it goes for £99,000. Rent of £575
pcm is achievable on a property like this which gets you to a 7% yield.
If you would
like any advice on buying a property to let, feel free to pop into the office
at 29 Upper New Market Street for a chat, give us a call 01324 628332 or email
us on (robert@thekeyplace.co.uk; linda@thekeyplace.co.uk).
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