Tuesday 24 May 2016

Buy-to-Let Deal of the Day - Substantial Four Bedroom Family Home Offering 4.3% Gross Yield AND Capital Growth

Landlords will often approach us looking for buy-to-let investments and one of their first questions often is "how long would it take to find tenants?"

Well, in the case of this four bedroom house in Stockbridge Road, the answer is "no time at all!". That's because this property currently has an excellent set of long-term tenants in situ at a rent of £1250pcm.

http://www.rightmove.co.uk/property-for-sale/property-41329899.html?premiumA=true

As well as providing the new purchaser with an income stream from 'Day 1' this also saves money in terms of letting agents fees for finding new tenants.


Further still, property prices in Stockbridge Road have risen by £4681 over the last 6 months (that's over £180 a week!) due to it's ever popular location to Chichester City Centre, railway station and Chichester Gate Leisure Complex. Couple this with a 4.3% gross yield make this property, in my opinion, an excellent buy-to-let investment proposition. 

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