Today’s buy to let opportunity is a second floor 2 bed, flat at 197
Davids Loan. Davids Loan is off Carron
Road in Bainsford.
There is plenty of accommodation including a decent sized
lounge, a modern fitted kitchen, 2 bedrooms, a modern bathroom one with a
dressing area (!) although only with a hand held shower I think and on street
parking. The property is in lettable
condition and a fair bit has been spent on the bathroom and kitchen.
Doing the maths. The property is on the market with McEwan
Fraser for offers around £40,000. The
price was dropped a few days ago so we probably have a motivated seller so
let’s say it goes for £44,000. Rent of £400
pcm is achievable on a property like this so that gives you a yield of
11%. Also, the 2 bed housing benefit rate
is £449 you may be able to get a higher rent if you go down this route.
We hope you find our posts useful. If you would like some advice with your
potential investment, please come and see us in our offices (6 Vicar Street, Falkirk),
call us (01324 469840) or email either of us (falkirk@thekeyplace.co.uk).
For other Falkirk buy to let opportunities see www.thefalkirkpropertyblog.co.uk. A few examples are below:
- Park Road, New Carron Village, Falkirk – 3 bedroom detached executive house http://bit.ly/1XKxlPu
- Victoria Road, Falkirk – 2 bedroom flat http://bit.ly/1tmer4X
- Shannon Drive, Falkirk – 4 bed terraced house http://bit.ly/22Xym64
No comments:
Post a Comment