Good morning landlords and investors...
Many of you may have seen this property which is located within waling distance to Wellington Town centre.Up with DB Roberts with an auction guide price of £95k this property needs some internal and external refurbishment. Now, this property is been sold by the "Modern Method of Auction" which I would recommend speaking with the agent to clarify...
There's a potential of achieving £600 pcm so depending on the purchase price and refurbishment costs gross yields could achieve anything from 6-8%.
I think what's more interesting is the long term capital growth of this property and the good supply of tenants who will be searching for good quality accommodation close to the town centre especially with young professional sector.
Click here to see more details goo.gl/h2rltY
As always please give me a call on 01952 306 444 or email at martin@letwithsignature.co.uk I you would any support regarding investing in Telford and the surrounding area.
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