The buy to let opportunity from The Falkirk Property Blog
today is a modern 2 bed flat in the popular Ladymill Court in Falkirk.
The flat has a lounge with dining area, kitchen, 2 bedroom
and bathroom with a shower over the bath.
The house has gas central heating, double glazing and an allocated
parking space at the rear.
Importantly, there are no pictures on the websites of
either the kitchen or the bathroom so you will need to particularly check these
rooms out at a viewing.
Turning the all important financials. The flat has recently been put on the market
by Yopa with an asking price of offers over £70,000 so let’s say it goes for in
the region of £77,000. I would expect
this property to achieve rent of in the region of £495 pcm, so when we work out
the annual yield you could be looking at a gross return of 7.7% 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).
#falkirk #property #buytolet #realestate #ownermanagedbusiness
#retirement #retirementplanning #energyefficiency #privaterentedsector #prs
#privaterentedsector #firsttimebuyers
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