One of my clients happened to be in the hairdressers the other day and we got talking about the Tamworth property market. She wanted to know about the implications of the Stamp Duty hikes and new taxation rules coming in to force in April. Was it all doom and gloom for private landlords.
Well despite these changes coming into force, landlords are still investing in buy to let, so I spent a good 10 minutes trawling through the portals and spotted this cracking 3 bedroom semi that would make an ideal long term rental investment.
Located on Freville Close which is just a short walk to the town centre, train station and local shops.
In good overall condition and coming in with 710.01 sq ft of space, a slight freshen up and the property is ready to be rented.
The rent on this property is going to be £725 pcm and based on the asking price, if you pay £140,000 that will give you a gross yield of 6.21% .
On the market with local agents Bairstow Eves .
Don’t forget to visit the links below to view back dated deals and Tamworth Property News.
Follow The Buy-To-Let Property Investment Market in Tamworth
Tamworth Property Market LinkedIn Page
Hall & Thompson Tamworth Facebook Page
Hall & Thompson Twitter Page