In the Dec / Jan Newsletter (See goo.gl/KCMypp) I wrote an article on Shawbirch as a landlord client had asked whether he thought the area would make for a good investment. In summary the answer is yes! Prices have risen between 9-10% over the last 12 months, and if you couple that with the need for good 2 bed properties in Telford, I believe Shawbirch needs some consideration.
This property (on with DB Roberts for £120k) is located in a quiet cul-de-sac and should rent for around £540 pcm and if purchased at the asking price, this will give you a gross yield of 5.4% more of you get you haggling hat on - remember this time of year is always good for doing a deal!
See more at goo.gl/SqORhy
As always, if you would like any advice or my opinion on the Telford property market please feel free to call or email on 01952 306 444 or martin@letwithsignature.co.uk
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