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Tuesday 9 December 2014

A little gem close to Southampton General Hospital should yield 6%



When buying a property to let to medical staff location is critical. This two bed semi-detached house has just come on the market at £165k. and it is a stone’s throw from the General Hospital. It is a good size and appears to be in good order. It has a good garden and conservatory. It is currently tenanted at £775pcm which would return a yield of 5.6%. With minimal work you should achieve £800 which would yield 5.8% and a chip on the entry price should see you above 6%. Given its location voids will be minimal. If you would like more information please let me know.

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