Falkirk 4 bed terraced house giving a 10% yield

For those of you who are looking for an investment property in Falkirk why not take a look at this property below. I personally think it would make a good buy to let investment if you’re looking to add to a rental portfolio or looking as a first time investor. 

This property is a four bedroomed terraced house on Shannon Drive.  Shannon Drive is off Maggie Wood’s Loan near both Bantaskine Primary and Falkirk High Schools making it an ideal family house in a desirable location.  This house has a large lounge/dining room, a fitted kitchen, four good sized double bedrooms and a bathroom.  There are gardens to the front and rear and on street parking.

This property is likely to attract Housing Benefit tenants although, as I have mentioned before, there are far more people on Housing Benefit than you probably think!

Double click here to get more details about this property

It has been on the market with Nest since early March 2016.

So what do the figures look like.  The asking price is offers over £90,000 so let’s say it goes for £95,000.  The Housing Benefit rate for a 4 bed is £787.80.  This gives you a rental yield of 10%.

If you would like to pick my brains about buying for investment purposes, pop into our new office at 6 Vicar Street, Falkirk for a coffee and we can have a chat!  Alternatively, give us a call on on 01324 469840 or email us at falkirk@thekeyplace.co.uk.