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Friday 7 February 2014

Southampton Property Deal of the Week - 7% yield

VERY SMART 3 BED SEMI FOR £147,500 AVAILABLE IN SO19





















The Southampton property market has comeback into life over the last 6 months or so and property values in general are moving in the right direction. 
I came across this property yesterday which has only just come on the market. Its a very well presented 3 bed semi in excellent decorative order with many recent upgrades. Advertised at £147,500 it will go for close to its asking price and will rent at £850 pcm, producing a Gross Yield of almost 7%
How confident are we of the rental income, well we just let a very similar property on the same road a couple of weeks ago at the £850 level and enquires are still coming in!

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