Thursday, 14 May 2015

Faversham - £175K - Yield just under 5%

Good afternoon readers. Bit of a rainy day out there today, but here's a bit of sunshine on the market. Our predictions re post election are bearing fruit, with properties coming on to the market thick and fast …………….it’s another bargain in Faversham.

It’s just come on the market this afternoon 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 £175,000 will give you a yield of just under 5%.

Check this one out at the following link and give the agent a call http://www.rightmove.co.uk/property-for-sale/property-34660800.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.