Monday morning Buy to let opportunity in Nuneaton.

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Good Morning everyone, hope you all had a good weekend.

I thought I’d share this little corker of a property in Nuneaton with you all. Walking distance of the town centre, ideal for commuting tenants and in a highly sort after rental area it would appeal to both families as well as professional couples looking for that little bit above your regular 3 bedroom terrace.  It appears to be newly renovated going by the photos, but you can’t always trust this, so a viewing would be highly recommended by contacting Pointons.

 

http://www.zoopla.co.uk/for-sale/details/37574128

This type of property is exactly that the rental market needs at the moment. With the event of a lot of new build apartments coming to market, with top end prices, the middle end of the market is getting a little bit forgotten about. This type of property will get snapped up in a heartbeat!  Rental guide wise, you would be looking at achieving a rental price in the region of £720 PCM maximum for it. So, when you compare this against the asking price of £154,950, you could look to generate you an annual gross yield of 5.6%.

If you would like any advice on buying a property to let, feel free to give us a call on 02477 674545

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