Fancy an 8% yield on a Nuneaton Buy to Let?

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Good morning, I came across this property this morning and wanted to put it out there. This could prove to be a good little buy to let property, and many people around the country could look into this option as a first-time buyer and investor. This particular location, we have found, is very easy to rent as it is close to town and in the catchment area for many of the sought after schools in Nuneaton, meaning it is ideal as a family home for a small or medium-sized family. It is a 2 bedroom end terrace and has just been listed with an asking price of offers above £80,000. Internally it looks like no work needs to be done and the garden is very impressive. Its an ideal family rental, the kind that Letting Agents Coventry, or indeed any would if they were in the area. It really seems like a no-brainer purchase when you think about all these factors coming together. As it stands, Bairstowe Eves definitely have a bargain here to be had, and it could make a family very happy for years to come!

http://www.zoopla.co.uk/for-sale/details/37783362

 

Once it is ready for letting, you could be looking at around the £560 mark per month so you are looking at a potential whopping return of 8% per year with a purchase price of £82,000!

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