Thursday, 30 October 2014
Faversham - just been reduced - yield 5.33%
We find ourselves back into Faversham for todays 'hot tip'. Interesting to note that in last Fridays Guardian, even they are saying 'Lets move to Faversham' (see the following article at http://www.theguardian.com/money/2014/oct/24/lets-move-faversham-kent-tom-dyckhoff ) and even more interesting, their 'bargain of the week' has already sold!
Anyway, lets take a look at today's property bargain. It's located in Cyprus Road and has just been reduced down to £179,995 with Miles and Barr in Faversham. Again and very similar to the Guardian property mentioned above, these properties are in good demand. A good letting agent should get circa £800 per month for one of these properties, which would give an investment Landlord a yield of 5.33%.
Check out the property at http://www.rightmove.co.uk/property-for-sale/property-48390980.html
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.