Monday 7 March 2016

Easy buy to let 3 bed in Falkirk


Welcome to a new week.  As I left the house early this morning, I felt that Spring has sprung – sun in the sky and frost on the ground.

Today’s buy to let opportunity from The Falkirk Property Blog falls into the ‘modern property, lower maintenance, lower returns’ category.

The property is a modern semi detached, 3 bedroom house at 4 Taylor Court in Falkirk.  Taylor Court is in the modern development between th Forth Valley College and the canal.

This house has a good sized lounge, a fully fitted dining kitchen with patio doors to the back garden, three ‘modern sized’ bedrooms, an en suite for the master bedroom and a bathroom with a bath and shower over it.  There is double glazing, gas central heating and driveway parking for multiple cars.  There is also a front garden.  The property is in lettable condition.



The asking price for this property, which is on the market with Russel and Aitken, is offers over £124,995.  The property has just come on the market so let’s say it sells for £135,000.  Based on our experience of renting this type of properties in this area, you should get a rent of £675 pcm on this property.

So that gets you to a yield of 6% which reflects the modern, low maintenance nature of the property.

If you don't like the look of this one, but have seen another property that you would like some advice on, ping it through on an e-mail to me at falkirk@thekeyplace.co.uk and we will happily give you my honest opinion on it's 'rentability'.

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