Friday, 19 September 2014

'Under the hammer' project in Faversham - should yield circa 5%

These little gems don't come on the market that often! It's just come on the market with Geering & Colyer and appears to be a great project / investment property.

It's being offered to the market at £155K and although the agent is indicating 'in need of renovation', I still believe the figures stack up.

These properties rent out for circa £750.00 per month and let's say you spent about £20K on a complete redecoration to a good spec, which would include a new bathroom and kitchen, this little beauty would give you a return of at least 5%!

I don't believe this one will be on the market for long, so give them a call.

More details at

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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