Friday, 6 February 2015

Windy Friday! Faversham - 5.12% yield

Good afternoon readers. Bit of a windy day out there on this cold Friday afternoon. Having said that, look what the winds just blown in…………….it’s a bargain in Faversham.

It’s just come on the market this morning and yet again, it’s ticking all the right boxes with regard to the rental market. It’s the right place, right price and also good condition. Just waiting for a tenant to move in!

As ever, these properties are in great demand with two similar properties being rented by us in the past week in Faversham. With a conservative estimate on the rental figure, I would reckon that this property should rent out at a minimum of £725 per month, which at the asking price of £169,950 will give you a yield of 5.12%.

Check this one out at the following link and give the agent a call http://www.rightmove.co.uk/property-for-sale/property-48259642.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 / canterbury@martinco.com or call in and see me at 23 Watling Street in Canterbury.