Tuesday, 30 September 2014
Great investment property in Herne Bay yielding 5%
Here's another great property that's just come on the market this morning with Rightmove. It's on the market at £119K with Wilbee & Son and from the photographs it looks like it's ready to move straight in.
As mentioned in previous blogs, such properties are in great demand and this property should get at least a monthly rental of circa £500 per month, which in turn will give you a good yield of 5%. It's possible that the rent could be higher at let's say £550, which then moves the yield to 5.5%.
Check it out at the following link and give them a call!
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.