The Canterbury Property Blog: 2 bed terraced house - Faversham

Tuesday 5 May 2015

2 bed terraced house - Faversham - Yield 5.14%

1st day back to work after the Bank Holiday and a great start to the week! The mornings browse through Rightmove has uncovered another possible gem in Faversham. It's on the market at £175K in Luton Road, Faversham, with Ward & Partners. Therefore, great property in great location, which will be a great rental = RESULT!

These properties are in good demand by tenants and we have a number of similar properties in Faversham which rent out for between £725 and £750 per month, which at £750 will give you a yield of 5.14%. Not only will this one make a good property for your portfolio, but the capital growth will certainly be one to watch in this great market town.

This property will not be on the market long, so give the agent a call.

Check out the details at: http://www.rightmove.co.uk/property-for-sale/property-49827274.html

Should you wish to discuss any other specific properties or just a general chat re the current market, please contact me on 01227 455717 or call in and see me at 23 Watling Street in Canterbury.

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Kevin Hall and the Canterbury Property Blog

Martin & Co are the leading letting agents in many towns and cities through the UK and therefore business owners such as myself are always well placed to comment on the market place. Rather than restrict this information to the landlords that I act for this blog is made available to anyone that is considering investing in Canterbury.

On this blog, I will talk about what is happening in the city's property market itself, even looking at specific streets or housing estates. At other times, I will post what I consider decent buy to let deals. Some will be on the market with me (as I also sell property), but others will be on the market with other agents in Canterbury. I like to look at the whole of market and give you, what I consider the best investment opportunities.

If you see a potential deal, and want a second opinion, without hesitation, email the Rightmove or Zoopla link to kevin.hall@martinco.com. I will always give you my honest opinion on the property and its investment potential (both good and bad).

Investing in property is not all always about the headline return, it can be about the growth potential, the type of tenant that it is likely to attract, likely running costs etc. Sometimes the criteria can be “I wouldn’t buy a property unless I could live in it myself”. Whatever your need I am happy to advise – give me a call or send me an email.

Kevin

01227 455717