Start your week with a BTL flat in Falkirk yielding 7.7%!

Let’s start the week at The Falkirk Property Blog with a 2 bed flat in Hayfield which is next to Bankside off Graham’s Road that is yielding 7.7%.

The property is a 2 bedroom upper flat in Hayfield in a block of 4 ex Council flats.  Hayfield is a cul de sac fairly near the centre of Falkirk as well being only a short walk to the Helix Park.

This apartment has a good sized lounge, a fitted kitchen, two decent sized bedrooms and a bathroom with a bath and shower over it.  There is double glazing, gas central heating and a garden.  There is also ample parking.  

The flat is in lettable condition.

Double click here to get more details about this property

The asking price for this property, which is on the market with Nest, is offers over £59,995.  The property has been on the market since 31 March 2016 which is a fairly long time in the current market so let’s say you can get it for £62,500.

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 7.7%.

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