This 3 bed Southampton semi makes a great buy 2 let and could yield 6.2%

This 3 bed semi-detached property is well located on Sholing rd. Southampton and is only 0.5 mile form Woolston Train Station. You can be into the city centre in 10 mins using either the Itchen toll bridge or the Northam bridge. It is a well located unit in SO19 that will have great appeal.

Clearly the property would benefit from modernisation and redecoration. When complete it will let at around the £925 pcm level and allowing £15,000 for improvement works would produce a Gross Yield of 6.2% based on the asking price of £165k. It will appeal to a wide tenant pool which will include young families, professional couples and sharers. Given the family nature of this home it would be advisable that the landlord consider pets.