Just had this interesting character cottage come across my desk, and wanted to share with all you landlords out there...
Dawley enjoys a range of local amenities to include shops and good schools. There are also transport links leading into Telford town centre and the new Southwater development. Location is also good for access to Telford train station and the M54.
On with Your Move for £78,000 this cottage will appeal to those tenants that like something a little bit different. Rental yield should be around £500 pcm and if purchased at the asking price this will result in a gross yield of 7.5%
Looking at this row of houses where this property sits, I see that No.47 sold back in 2010 for £110,000 which looks like a similar configuration, so I believe there's potential capital appreciation with this property.
Looking at this row of houses where this property sits, I see that No.47 sold back in 2010 for £110,000 which looks like a similar configuration, so I believe there's potential capital appreciation with this property.
See more at http://goo.gl/tm4g7c
If you would like more information on buying to let in the Telford area, please give me a call or email martin@letwithsignature.co.uk.
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