Wednesday 23 September 2015

Deal of Day - 3 Bed Terraced, Woodside, Telford - Good Value for Money & Return!

 
I was doing a viewing in Woodrows the next street down yesterday and decided to take a look at this property I seen on Rightmove with Nick Tart reduced to £75k.

From the outside everything looked in order and a quick look through the windows suggested the inside looked ok, however some light refurbishment maybe required.

Take a further look at goo.gl/yTF1vT

I have many landlords with property in this area, as 3 bed properties like this will tend to rent out for around £550.00 - £575.00 pcm however you will probably attract tenants who receive housing benefit, so careful management could be required. That said, if the property was purchased at the asking price of £75k the gross return would be 8.8% maybe more if its has been on the market for a few months...

If you are looking to invest in the Telford property market please give me a call as I will be more than happy to help.
 
Call, email or tweet or just call on 01952 306 444

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