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Saturday, 25 July 2015

Very well presented Southampton 2 bed house will yield 5.5%

This is a cracking two bed house in a good location. The current owners have presented the property in very good condition and it is currently on the market guiding £180k / £190k. The property extends to 830sq ft and has the benefit of parking at the rear. Both bedrooms are a good size and it also comes with a good sized upstairs bathroom -  a real plus. Transportation links are good and there are also a number of good schools in the area. The unit will rent at £850pcm, maybe a touch more and the gross yield is good at 5.5% based on a £185k purchase price. If you are after a freehold investment it is worth a look.

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