Here we have two properties on the market on the same street in Weston Southampton. One has been refurbished and is on the market at £180k. We let the next door unit at £875pcm and the yield is good at 5.8% based on asking price. It is a lovely unit and will let well.
On the other hand if you fancy getting your hands dirty you could have a look at this unit. It needs a complete refit but is on the market at £130k and could be bought for less I'd imagine. Once refurbed it will let well just like the above unit.
Both these units would make good buy 2 lets and given where the market is at post Brexit I think they could offer good value as well.
This blog follows the property market in Southampton. You'll find tips, guidance, and analysis that relates specifically to Southampton and you'll also find properties from all the estate agents in the town on here that may make decent investments. I own and operate Belvoir Lettings, a Southampton Letting Agent, and if you're thinking of buying a property to let in Southampton, I'm happy to offer a second opinion.
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