Today (and it's back to Faversham) this property has caught my attention, as it appears to tick all of the boxes for a good investment property, whether it's a 'starter' property for a first time Landlord or as an addition to an existing property portfolio.
It's been placed on the market today, by Miles & Barr in Faversham for £169,995, which is about right for such a property, although it's possible that a few thousand could be shaved off this figure. As ever, such properties are in great demand for couples and families and should rent out for circa £775 per month. Based upon these figures, this would give you a healthy yield of £5.47%.
From the interior photos it looks in good shape and does not appear to require any works before putting on the rental market.
Take a look at http://tinyurl.com/qj8hrzj 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.
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