This blog follows the buy-to-let market in Ilkeston, Eastwood, Heanor and Belper. You'll find properties on here that may make decent investments. You'll also find tips, guidance, and analysis that relates specifically to these two towns. I operate Spruce Tree Lettings, opened since 2009, in all these towns, so if you're thinking of buying a property to let in either Ilkeston, Eastwood, Heanor or Belper, I'm happy to offer a second opinion.
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!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment