Saturday 4 July 2015

Buy-To-Let Deal Of The Day - Three Bedroom House Near St Richards Hospital

As the majority of landlords in Chichester will know, one of the main employers of tenants in the city is St Richards hospital. Doctors, nurses and administration staff register their property requirements with us on almost a daily basis, and as a result any properties close to the hospital are quickly snapped up.



Therefore, as a buy-to-let investment, a modern three bedroom house on the hospital's doorstep could be an absolutely cracker!

http://www.rightmove.co.uk/property-for-sale/property-35380875.html?premiumA=true

On the market with Zone Estate Agents at £299,950 this property would fetch around £995pcm in rent, generating a gross yield of just over 4%. Offered in immaculate condition throughout, there would be minimal outlay required to get the property ready to let. Couple this with the constant tenant demand in the area, a landlord would be at zero void periods between tenancies. 


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