This property on the market for sale with Richard Watkinson is just the sort of property that I could let straight away. Investing in a property like this one would reduce the risk of void periods as it is likely to be let by a family who would prefer a long term let. They are also the type of tenant in my experience that will look after the property like it was their own home.
It would achieve a rent of £895 pcm which would give a return of 4.7% if purchased for £225,000.
This development looks to have seen a 14% house price increase over the last 3 years which in current conditions is great capital growth.
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