Tuesday, 22 July 2014

Another cracker in Homersham!

On my daily jaunt through Zoopla, yet again we find another little gem in Homersham.

These apartments always tick all the boxes and can be rented out all day long with tenants who are always on the lookout for properties in the Homersham area. This one has just been listed with Geering & Colyer, with a guide price of £170K. Looks like they are looking for a price between £170K and £175K, therefore best to go in at the lower price for starters (no brainer really...........).

Back to the rental figure and we have a number of similar properties renting out between £875 and £900 per month, therefore even at the lower price the yield is a cracking 6.18%, which is somewhat better than your average savings account at the bank!

Take a look at the property at the following link http://www.zoopla.co.uk/for-sale/details/33937032 and mark my words, this one is not going to be around long!

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