2 bed Flat in Heston – Great buy to let Deal

Came across this property on Zoopla being advertised by Shaw & Co.

http://www.zoopla.co.uk/for-sale/details/43600419

Nice 2 bedroom flat near good transport links into Hounslow town aswell as neighbouring town such as Southall and local schools with good to excellent ofsted ratings.

Based on the pictures; internal condition seem fair and good so not much to spend to bring up to rental condition. maybe a refresh of paint and a bit more furniture.

Expectant rental you can achieve is about £1250 – £1300 per calendar month (approx £15,000 per annum)

Approx Return on Investment Yield of 5% gross.

If we take Return on Investment on your deposit money. Based on you putting down minimum 30% deposit to try be in line with new buy to let lending criteria. your looking at a ROI of approx 11% on your hard earned cash…

Not bad considering what the banks are giving you ..

If you require any second opinion on anything your buying or looking to buy. Get in touch with us. We will be happy to assist and advise best we can.

🙂

 

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