Today’s buy to let opportunity from The Falkirk Property
Blog is a fairly new, terraced house in Thomson Avenue in Falkirk.... so all
mod cons and easy to deal with but at a price!
The house was built in 2014 by Persimmon. It has a lounge, kitchen dining room and wc
on the ground floor and two bedrooms and a bathroom on the upper floor. The house has gas central heating, double
glazing, a garden at the back and a driveway at the front.
It has just come to market with Homes for U with an
asking price of offers over £104,995 so let’s say it goes for £115,000. I would expect this property to achieve rent
of in the region of £625 pcm, so when we work out the annual yield you could be
looking at a gross return of 6.5% which reflect that the property is new and
therefore maintenance costs are likely to be lower.
I hope you find our posts useful. If you would like some advice with your
potential investment, please come and see me in our offices (6 Vicar Street,
Falkirk), call me (01324 469840) or email me (news@thekeyplace.co.uk).
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