We’ve thrown a few properties out there recently which would appeal to the people looking for rentals in the more sought after parts of Nuneaton, but we musn’t forget about the professionals who need to be close to the town centre. This property fits that bill Perfectly. It’s modern, it has oodles of character, you can walk to the station and the High Street and it also has a beautiful garden. This can be your ideal buy to let…all you need to do is contact Up Estates.
This type of property would easily rent out for around £875 pcm at the moment, on a good day, you may even be able to push that to £900 pcm. But even basing it on the conservative lower figure, it would still potentially generate you a gross annual yield of 5.5%, based against the current asking price of offers above £190,000. If we look at the top rental figure, this could boost the yield to 5.6%.
All in all, not bad id say!
If you would like any advice on buy to let, feel free to give us a call: 02477 674545