Thursday 24 July 2014

An area to keep a close eye on.........yep, it's Herne Bay!

Many of my Landlords and Investors are always asking for the next 'hot spot' in the area and there's one area that keeps 'pinging' on the radar, which is Herne Bay. The classic 'right price / right yield' keeps working for my Landlords and as usual, I'm 'scouring' Rightmove, looking for these little gems and this one caught my eye.

The property is on the market for circa £220K with Kimber Woodward, with no onward chain and a bit of haggling should get this one down closer to the £200K mark.

Once rented, a rental figure of £900 per month should be achievable with a nice family rental, which will in turn give you a yield close to 5.5%!.


Check it out at http://www.rightmove.co.uk/property-for-sale/property-31560102.html

No doubt this one will be snapped up soon!

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