Tuesday, 2 May 2017

Welling Investment Property of the Week - 2nd May

Marketing Price - £225,000
Expected Rental - £1100pcm
Rental Yield at Asking Price - 5.9%

If you are looking for the simplest buy-to-let purchase in Welling at the moment look no further than this two bedroom maisonette within easy walking distance of Welling train station and High Street. 

With tenants already in situ, you're making money without lifting a finger.



Advertised as available for buy-to-let investors only, and obviously therefore with no onward chain, its as clear an indication as you can get that the property is already tenanted and with tenants clearly happy to stay. 

Whilst the property does need some updating, the tenants already in situ are the ones living there not you, and if happy to stay, great, no works needed! In time, when they vacate, you can modernise the bathroom and tidy up the overgrown garden, or maybe do it now with their consent, and consider a small rent increase at the same time. 

Either way, this purchase is worth a look with other similar properties in the same development changing hands and on the market at the moment for 25-40k more. 



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.

Don’t forget to visit the links below to view back dated deals and Welling Property News.

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