Monday 26 October 2015

Deal of the Day - 3 bedroom Semi, Upper Road Madeley Telford - Potential to Add Value


Morning landlords

Located in a cul-de-sac position in the heart of Madeley with access to local amenities and good schools including the Madeley academy this property offers solid BTL benefits, such as location, parking and a downstairs loo!

Looking at the floor plan I believe there's scope for making the dining room and kitchen as one large contempory space. With regards to rent I think £625 should easily be achieved and if purchased at the list price from DB Roberts for £123,950 it could offer a gross yield of 6% maybe more if negotiated. Looking at the list price I think that the cost is probably a little high based on some of the most recent comparables I have.

See more at goo.gl/FTDxhG

If your thinking of buying a rental property in the Telford area please give us call on 01952 306 444 we are always willing to help out with advice or support.

No comments:

Post a Comment