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Friday, 1 May 2015

3 bed mid terrace yields 6.5% in Northam, Southampton

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This 3 bed  mid terrace unit has just come on the market at £165k. It has been newly refurbished with new kitchen, upstairs bathroom and complete redecoration.  The accommodation comprises of two/three double bedrooms, two/three reception rooms, newly fitted kitchen and first floor bathroom. The property is currently rented at £900pcm and will yield  6.5%. The investment will appeal to those chasing yield more than capital growth. We have recently let a 2 bed unit around the corner and the tenants love the property and location. Tenant demand will be good as the property is on the edge of the city ( it’s a short distance to St Marys Stadium ) and has good transportation links


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