5.37% Yield In Waterlooville
Updated: Nov 11, 2018
It looks like summer is over and that winter wardrobe is starting to creep back out.
Today’s property that caught my eye is listed with Belvoir. It’s a 3 bedroom family home in Hobby Close, which is located off Eagle Avenue and Kite Close.
The property has a guide price of £190,000 and browsing through the details could achieve a rent of approximately £850 per calendar month in its current condition. If improvement/modernisation works were to be done you would be heading more towards the £900 per calendar month. This property can achieve a yield of 5.37% if bought at £190,000. This is worked out on a projected rental income of £850 per calendar month.
The type of tenants this property would attract are families due to its location, having several primary and secondary schools being within walking distance.
Some of the photos are fairly dark but what you can see of the property appears to be in fairly good condition, so should be good to rent out straight away!
Go on, take a look!
If you have a property you are thinking of purchasing as a buy to let or have any questions please feel free to contact me on the below details.
0333 772 0718