This 4 bed terrace has just come across my desk, and after just letting a 3 bed property nearby for £550.00 pcm I believe this property once refurbished could achieve up to £750 pcm.
On with DB Roberts for £60,000, the property is located Willowfield is located in south Telford, with easy access to Telford Town Centre and Halesfield Industrial Estate, home to many of Telford's large employers.
Local amenities are close by and good bus links make this Woodside attractive for investors, I've rented many in this area and let even more. You are likely to attract LHA tenants, and the current rent for a 4 bed property that the council would give is £750.00 pcm.
If purchased at the asking price - and lets assume £15k refurbishment costs, then a gross yield of 12% could be achieved.
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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