Tuesday, 17 June 2014

Close to 8% Yield Possible in Ilkeston

This property 2 bedroom house on Digby Street, Ilkeston immediately caught my eye as a property with potential.  It’s priced at £69,950 and could rent in its present state relatively easy.  However, I’d be tempted to maybe upgrade the kitchen and pop in some new carpets to increase the yield.  As it stands I’d estimate a rent of £400pcm, but with some TLC quite possibly, £450 which would make the gross yield closer to 7.7%.  Book that viewing then call me to discuss how we can proceed!

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