Very keen seller for easy to rent 2 bed flat in Falkirk?

Here at The Falkirk Property Blog we track properties continuously so we are able to spot properties which are ‘sticking’ on the market that are ripe for price negotiation.  Today’s property is one of these – the price of this property has been dropped twice over the past few months so the seller is clearly ‘very keen’.

The eagle eyes amongst you will know that I have highlighted this property before on The Falkirk Property Blog but yesterday’s price drops make it worth mentioning again.

The property is a 2 bedroom flat in Fairfield Place.  Fairlfield Place is a fairly modern development off Thornhill Road near Forth Valley College so it is within walking distance of the town centre and the railway station, perfect for the commuting tenant.

This apartment has a good sized lounge, a fitted kitchen, too decent sized bedrooms and a bathroom with a bath and shower over it.  There is Upvc double glazing but on electric heating.  There is ample parking and views onto Victoria Park.   

Double click here to get more details about this property

The asking price for this property, which is on the market with Clyde Properties, was reduced yesterday to offers over £54,500.  Given that the seller is clearly keen to sell, let’s say you can get it for £57,000.

Based on our recent experience of renting this type of properties in this area, you should get a rent of £400 pcm on this property.

So that gets you to a yield of 8.4%.

We hope you find our posts useful.  If you would like some advice with your potential investment, please come and see us in our new offices at 6 Vicar Street, Falkirk for a chat, give us a call 01324 469840 or email us on falkirk@thekeyplace.co.uk.