Good Morning, hope you haven’t all frozen over!..This might warm your cockles.
A lovely 2 bed ‘new build'( on an estate roughly 10 years old) has come on the market this morning with Springbok Properties, at offers over £95,000. It looks from the pictures like it is in immaculate condition and has a conservatory on the back of it which is rare for a ‘terrace’ property.
Located in a highly sort after area in Nuneaton, right by the Old Mill Surgery, this property would be very easily rented out. We would highly recommend a viewing before it gets snapped up.
With regards to what you could expect yield wise, if they were to accept an offer of £96,000, and you could easily market the property at £625 a month, you would be looking to get a very warming figure of 7.81%! Again, its not just about the yield factor but also the investment potential and if you read previous blogs you will know that house prices in Nuneaton will just be going up and up….and up, so its a win win situation!
If you would like to speak to us about renting out this property or any other you may have, please fell free to pop in and see us, or give us a call on 02477 674545 and we’d be happy to speak with you.