Wednesday 4 March 2015

4.8% Gross Yield PLUS £24,000+ Annunal Capital Growth in Donnington

When entering the buy-to-let market, one important factor to consider is the amount of maintenance and upkeep an investment property is likely to require. As a result we have found that in recent years more and more landlords are choosing to add new-build properties to their lettings portfolios.

I noticed on Rightmove this morning that one of the new homes on the Birdham Road (just opposite the new Co-Op store, by the mini-roundabout) has come up for sale. The property is on the market with Charles Peck at a smidgen under £250,000 and appears to be very well appointed and finished.

http://www.rightmove.co.uk/property-for-sale/property-48265526.html

Our office looks after several new build properties on Birdham Road which are always extremely popular with professional couples and small working families. You could expect to see monthly rental of circa £995 on a property of this ilk, resulting in a 4.8% gross yield.

However, what is even more appealing to an investor is that properties along the Birdham Road have seen, on average, a £24,278 increase in house prices compared to this time 12 months ago.


Low maintenance + steady gross yield + increased capital growth + high tenant demand = an investors dream!

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