Hey guys, just another quick one today, I’ve spotted a good BTL investment property in Lakeside, Tamworth advertised by Bairstow Eves on Mouseprice.com. The owners are asking for offers in the region of £155,000, however you might be able to push them down a little bit as other similar properties in the area sell for slightly less. This one is fitted to a decent specification and looks to need minimal work doing to it. It looks pretty much ready to rent, fantastic!
The house is ideal for families or commuters, as it has good transport connections to the A5 as well as good bus routes, a local primary school and two large high schools, one in Amington, the other just a stones throw away in Belgrave. I don’t think you would struggle achieving a rent of around £675 pcm and assuming the property was bought for the full asking price, this would equate to a decent annual yield of 5.23% and like I said, the property looks ready to go from day one!
Just a little something for you to consider over the weekend, I hope you all liked the little blog, be sure to comment and let me know!
If you would like to discuss your own property requirements whether a tenant or landlord, feel free to contact me, Lorraine on 07531484956 or email me at email@example.com you don’t need to be one of our existing clients to have a chat. Lets talk property!