Today’s buy to let opportunity from The Falkirk Property
Blog is a three bedroom semi-detached house in the Bantaskine area of Falkirk.
The property on Bantaskine Street in Falkirk. It has a large lounge/dining room, a separate
fitted kitchen and a bathroom with a bath over the shower on the ground
floor. Upstairs there are three good
sized bedrooms. The front of the
property have been mono blocked in full and can take two to three cars and at
the rear there is an easily maintained garden.
A thoughts about this property. On the positive side, there are not that many
family homes like this for rent in Falkirk and, generally, tenants of family homes
like this stay longer because the family ‘sets down roots eg the kids go to
school but is good news. On the not so
positive side, the bathroom is downstairs and the bedrooms are upstairs and
this combination puts off some potential tenants, particularly ones with
younger kids (night time toilet issues!).
The house is on the market with Purplebricks for offers
over £117,000 so let’s say it goes for £125,000. I would expect this property to achieve rent of
£725-750 pcm which gets you a gross return of 7-7.2% which is a fairly good
return in the current market.
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).
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#privaterentedsector #prs #privaterentedsector #firsttimebuyers
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