Expected Rental - £950pcm (once works completed)
Rental Yield at Asking Price - 5.7%
Like last week, the stigma of ex-Council style properties really should be avoided if you want to maximise the potential to make money from your property investments in Welling.
Sharnbrooke Close isn't the most attractive building in the world, but this spacious one bedroom with considerable outside space, is a must visit if you are looking to make money.
 |
| Sharnbrooke Close, DA16 |
You don't get a lot for under 200k in Welling, and when you do, you should be buying it. This has fantastic potential to renovate and improve throughout. It's a good size for a one bedroom, and with a very large private terrace to the front with a lovely view over the cricket and football ground, its perfect for a young couple.
A sensible offer below 200k, with some money spent on renovations, will generate an immediate profit on the property value side of things. The most recent sale in the block was at £230,000 and I don't think it'd cost anywhere near £30,000 to turn this into a modern flat well worth a rental income of 950pcm.
Speak to the selling agent via this link ... http://www.rightmove.co.uk/property-for-sale/property-60213979.html?utm_content=v2-ealertspropertyimage&utm_medium=email&utm_source=emailupdates&utm_campaign=emailupdatesinstant&utm_term=buying&sc_id=22040925&onetime_FromEmail=true
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.
Follow The Buy-To-Let Property Investment Market in Welling
Welling Property Market LinkedIn Page
Danson Property Services Welling Facebook Page
Danson Property Services Welling Twitter Page
Welling Investment Property Specialist Danson Property Services Website
No comments:
Post a Comment