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, 12 May 2015
6% Yield on the Shipley View Estate in Ilkeston? Yes Please!
Well in the current market, what with property values on the march it is nice to see some properties are on at a reasonable level - such as this 3 bed semi on Milford Drive, Shipley View, ILKESTON - a modern property asking for offers around £127,500 - and renting out in the early £600s this should see a yield of around 6%, with good demand and strong capital growth.
Recently put on the market with Whitegates - see it here: http://www.rightmove.co.uk/property-for-sale/property-34417812.html and let me know what you think! These properties certainly rent out very, very well indeed.
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