Welling Investment Property of the Week - 7th Feb

Property of the Week

Marketed Price £260,000

Expected Rent £1200pcm

Rental Yield 5.5% at asking price

http://www.rightmove.co.uk/property-for-sale/property-46360071.html

Another week, another great investment out there for landlords. 

With previous sales in this development at £250,000 and £255,000 for identical flats, but crucially from nearly 12 months ago, this appears to be tremendous value at £260,000 and in excellent condition. It could be rented without any work needed for £1200pcm offering a return of 5.5% per annum. 

From my knowledge of Elmfield Court, DA16 the flats are larger than most houses, so potential tenants, and buyers when you come to re-sale in the future, shouldn't be short on the ground. 

Well worth a call to one of our neighbouring agents in Welling to investigate further.

If you are looking for an agent that is well established, professional and communicative, then contact us to find out how we can get the best out of your investment property.

Email me on kevin@dansonpropertyservices.com or call on 020 3397 4499. If you are in the area, feel free to pop into the office – we are based on 116 High Street, Welling, Kent, DA16 1TJ. There is plenty of parking and the kettle is always on.

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