Saturday, 20 December 2014

Faversham - walking distance to Station - Yield = 5.76%

After managing to grab those last minute items for Mrs A's Christmas stocking, I have managed to catch up and take a look at some of the properties that are still 'trickling' onto the pre-Christmas property market. I say 'trickling', as many agents are 'holding fire' until just after the Christmas break, where we should start to see greater activity.

This morning, we are back into Faversham (apologies to the Landlord who popped into the office this morning, who I sent scurrying off into the direction of Herne Bay......), where a one bedroom ground floor flat has just come onto the market.

As ever, these one bed properties are in great demand and should command a rental figure of circa £600 per month. The property is on the market with Ward & Partners at £125K, which will give you a yield of 5.76%, which is fab! From the description and the photos, this one is good to go and looks priced about right.


Take a look at http://www.rightmove.co.uk/property-for-sale/property-47660236.html?premiumA=true and give the agent 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 / canterbury@martinco.com or call in and see me at 23 Watling Street in Canterbury.

 

No comments:

Post a comment