Thursday, 4 September 2014

Great little number to add to your portfolio in Canterbury!

Last night I had an evening appointment with a lovely couple, Sue & Bill, at their house near Faversham. They are looking to make their first property investment in the buy-to-let market. We spent time looking at a number of permutations and whilst we are looking at a few examples, the property below caught my eye on Rightmove.

It's a real cracker and certainly ticks a number of boxes, i.e. great location, good price (a bit of haggling may drop it a bit more) and very 'rentable'!

It's being offered at £119.5K with Kent Estate Agencies in Canterbury and with a bit of TLC ('freshen up' painting), should be back on the market in a couple weeks with a rental value of circa £650 per month, giving a yield of 6.53%. Such apartments are in great demand and will rent very quickly.

Check it out at:

http://www.rightmove.co.uk/property-for-sale/property-44414026.html



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