Today’s BTL deal is a 2 bed semi and it’s being sold with the added benefit of no upward chain.
Nestled in the highly popular and very desirable Dosthill Village, it speaks volumes as to the location and therefore the potential for long term letting.
This smart looking house of generous proportion is being sold by Hunters and comes with an asking price of £165,000.
So what do you get for your money – lounge/dining room, conservatory, kitchen, two double bedrooms, modern bathroom, gardens to front and rear and 2 brick built outhouses.
With an EPC rating of E it’s not ideal but there may be little tweaks that you can do to bring it up to a D rating.
The house is situated approx. 5 minutes walk to the nearest primary school. Although the OFSTED report marks the school as inadequate , it was actually oversubscribed in 2017. I quite often see schools marked as inadequate or in special measures suddenly pull their socks up and dramatically turn the next OFSTED report to show as good.
The house is good to go as far as tenants are concerned and with a rental income of £695pcm this would bring in an investment yield of 5% per annum. Landlords if you are looking to add to your portfolio and this property has caught your eye, give Hunters a call today.
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Until next time.