Another Friday morning and another weekend ahead of us! Anyway, back to business. Two bedroom properties, whether they be apartments or houses are in great demand by tenants, with Herne Bay being in constant demand.
In this mornings 'trawl', on Rightmove, the following property caught my eye. This 2 bed apartment in Downs Park is on the market with Kent Estate Agencies and is being offered for £155K. From the photographs it all looks pretty tidy and if purchased should be turned around in a week for the rental market.
On checking our records and looking at similar properties that we rent in Herne Bay, the rental should be in the region of £750 per month, which would equate to a yield of circa 5.8%, which is pretty good.
Check it out at http://www.rightmove.co.uk/property-for-sale/property-48015185.html
Should you wish to discuss any other specific properties or just a general chat re the current market, please contact me on 01227 455717 or call in and see me at 23 Watling Street in Canterbury.
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