Today’s buy to let opportunity from The Falkirk Property
Blog is a fairly new upper flat in Kerse Place, Falkirk.... so all mod cons and
easy to deal with but at a price!
The flat has a lounge with dining area, modern kitchen,
double bedroom and bathroom with a shower over the bath. The house has an electric wet central heating
system, triple glazing and an allocated
parking space.
It has been on the market for a couple of weeks with
Clyde Properties with an asking price of offers over £68,000 so let’s say it
goes for in the region of £75,000. I
would expect this property to achieve rent of in the region of £450 pcm, so
when we work out the annual yield you could be looking at a gross return of 7.2%
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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