Nuneaton ‘High Street’ buy to let star of the week.

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Happy Friday everyone, thought I’d end the week with a little ready made investment. This 2 bed terrace has the benefit of being sold and no work having to be done to it . The location of this property would make it perfect for anyone looking to live in the town centre with easy access to the train station and all commuting links.

http://www.zoopla.co.uk/for-sale/details/36979064

FPS Estate Agents have listed this property with an asking price of £99,000, which doesn’t seem too unrealistic. This could generate you a gross yield of 6.67% straight away with a monthly rental price of £550 PCM. With the way the Nuneaton rental market is looking, I believe in 12 months time you could be getting £600 PCM for this property increasing your annual yield to 7.27% which is a very appealing figure!

There are many more properties out there coming to market, which would be a suitable buy to let investment, but I can’t mention them all unfortunately! If you see a property that you like and would like some advice on its suitability for a rental property, e-mail me the link over and I will give you my honest opinion. M.fraser@qthomes.co.uk

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