Good
morning, I hope you had a nice weekend.
If
you are a potential landlord looking to invest in a buy to let property in
Falkirk this is one I would recommended to you…
It’s
a two bedroom apartment on the fairly new development Creteil Court in Falkirk
which is right next to Callander Park. It is a top floor apartment
whose accommodation and location make it ideal for a young professional couple
of two professional sharers.
It
has very recently come up for sale with the estate agent, Clyde
Properties. Given the type of property
it is and its location, I’d give the a call quick to arrange a viewing.
So
what do the figures look like; the asking price is offers over £92,500 so let’s
say it goes for £97,500. The rental
price per month should be around £495. To
work out the yield you take the annual rent and divide it by the asking price,
would see a return of 6.1% which is a fair return given that it is a fairly new
property (which means less maintenance costs) in a popular location.
You
wouldn’t dream of investing in the stock market without at least looking in the
newspapers or taking advice and opinion from others, so why not you the same
advice and opinion about buying a buy to let property in Falkirk? Give us a call on on 01324 628332, email us at
robert@thekeyplace.co.uk; linda@thekeyplace.co.uk or pop in and
see us at our office on Upper New Market Street, Falkirk.
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