Today’s buy to let opportunity from The Falkirk Property
Blog reinforced the old saying “Never judge a book by it’s cover”! It ain’t pretty but the sums definitely add
up on this one.
The property is a 2 bed flat in a block of flats at 197
Davids Loan, Bainsford. The flat had a
large lounge, a breakfasting kitchen, 2 double bedrooms and a bathroom with a
bath over the shower. There is double
glazing but only (presumably electric) storage heating. There are communal gardens around the
property and there is on street parking.
The property is in good condition internally and looks ready to let out.
This property is on the market with McEwan Fraser Legal
for offers around £45,000 so let’s say it goes for £45,000. This property is likely to rent for between
£425 and £450 pcm. So that gets you to a
yield of whopping yield of between 11.3% to 12%.
If you like the look of this one, get in touch for a chat
(6 Vicar Street, Falkirk; 01324 469840; falkirk@thekeyplace.co.uk). If you want to have a chat about another
property you have seen, get in touch as well and I will give you my impartial
advice about the property.
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