Monday, 10 October 2016

Modern 2 bed house buy to let opportunity in Falkirk


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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