Properties, such as these, are great to get that first step towards a property portfolio. This one has just come on the market with Ward & Partners and is being offered for £110K. Again, such properties are in great demand with young professionals / couples and due to it's great location should rent fairly swiftly. Such a property, due to it's central location, should rent for circa £600 per month, which in turn delivers a great yield of 6.55%.
Such properties, at this price, don't often come on the market so I don't expect this one to be on the market much longer.
Should you wish to discuss any other specific properties or just a general chat re the current market, please feel free to contact me on 01227 455717 or call in and see me at 23 Watling Street in Canterbury.
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