Wednesday 5 December 2018

Impressive 9.5% rental yield on this Falkirk BTL flat



Today’s buy to let opportunity from The Falkirk Property Blog offers an impressive potential rental yield of 9.5%.

The property is a two bed upper flat in a 4-in-a-block property Merchiston Avenue, Falkirk.  It has a large lounge, a separate fitted kitchen, two double bedrooms and a shower room.  In addition, it has double glazing and central heating as well as a garden to the rear and on-street parking.

It is worth highlighting a few points.  The property looks in excellent condition internally – I suspect that it has recently been refurbished – but the garden could do with a wee bit of TLC.  The property is an upper flat which is attractive to some but not to others.  Finally, the flat only has a shower which puts some people off, especially families.



Taking a look at the numbers.  The flat is on the market with Nest estate Agents for offers over £55,000 so let’s say it goes for £60,000.  I would expect this property to achieve a rent of £475 pcm so, when we work out the annual yield, you could be looking at a potential gross return of 9.5%.  This is a very healthy yield which reflects the more limited capital growth likely for a property of this type.

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 (robert@thekeyplace.co.uk).


#falkirk #property #buytolet #realestate #ownermanagedbusiness #retirement #retirementplanning #energyefficiency #privaterentedsector #prs #privaterentedsector #firsttimebuyers

1 comment:

  1. Nice collection! We help & guide you every step of the way while making your move and settling stress-free in Ghana. Our consultants understand the challenge of moving & settling to a new country and have been trained to deliver world class services that will put your mind at ease & hassle free. Get 1 bhk apartment in Accra.

    ReplyDelete