Afternoon – NICE sunny day day to go viewing today. In fact with the sun shining this week, it seems to be a good week to go viewing properties in Hounslow.
So I’ve seen this 2 bed flat in Heston – being advertised by Arron James for £279,950
http://www.zoopla.co.uk/for-sale/details/43862272
Why Do I think its a good deal – well its near local schools with excellent ofsted reports. so this attracts tenants that want to be in catchment areas for these schools. and also will show a bit of confidence to a landlord that a tenant is likely to be long term, so will help minimise void periods.
We current have a few 2 beds on management here, so I know that they do rent out quick.
Expected rent you can achieve is about £1250 + per calender month.
so with a purchase price at asking price of £279,950 and a rental of £1250 pcm your looking a at rental yield of 5.3% gross return on investment.
5.3% is a good return bearing mind that 4.5% is the average return in todays market…
NEED HELP ON ANYTHING TO DO WITH PROPRETY?
You see, we talk to landlords, investors and home-owners in Hounslow, just like yourself on a daily basis. Couple that with our in-depth knowledge of the Hounslow area, we are able to offer unbiased, REALISTIC information about your next rental investment.
If you want any more information on your next investment property in Hounslow or surrounding areas, or anything to do with Property Investment in Hounslow including renting and selling your investments/property, please feel free to call …
Manraj / Sheetel Bisran : 0208 577 8855