jai
24-05-2007, 15:20 PM
I was originally going to purchase this myself but due to circumstances I will have to pull out, but I'm putting it on here to see if any other investors might be interested...
Details....
3 Bed Semi, New Bathroom, Kitchen, downstairs WC. Paved driveway. Large, low maintainence back garden Excellent condition. Full RICS Valuation and Rental assessment available. 20m from entrance to Jubilee Campus - University of Nottingham.
Ready to let. Will let very very fast (have house on same road that let in 2 weeks!)
Asking price - 127,000
PP -117,500 - could try for 115,000 but not a motivated seller.
Rent to students per room £65 per week for both double rooms. £60 for the single room. Could try for 65 for the small room. Potential to extend into loft and into substantial garden.
Gross rent achievable - £760 pcm
Yes its not that much BMV but the yield is over 7%. With ROI of over 25% in 1st year.
1% finders fee. Payable on completion.
Not on the market.
Feel free to give me a call with any questions 07950 431 311
Regards
Jai
P.S Only 3 landlords on this road each with 1 property, mostly familys, so hardly any competition..
Details....
3 Bed Semi, New Bathroom, Kitchen, downstairs WC. Paved driveway. Large, low maintainence back garden Excellent condition. Full RICS Valuation and Rental assessment available. 20m from entrance to Jubilee Campus - University of Nottingham.
Ready to let. Will let very very fast (have house on same road that let in 2 weeks!)
Asking price - 127,000
PP -117,500 - could try for 115,000 but not a motivated seller.
Rent to students per room £65 per week for both double rooms. £60 for the single room. Could try for 65 for the small room. Potential to extend into loft and into substantial garden.
Gross rent achievable - £760 pcm
Yes its not that much BMV but the yield is over 7%. With ROI of over 25% in 1st year.
1% finders fee. Payable on completion.
Not on the market.
Feel free to give me a call with any questions 07950 431 311
Regards
Jai
P.S Only 3 landlords on this road each with 1 property, mostly familys, so hardly any competition..