Friday 30 May 2014

Gonerby Hill Foot BTL deal of the week - (tenants must like trains though!)

Three bed semi just come on the market yesterday with Newton Fallowells at £109,950. Ok, it looks like it backs onto the train line, but you get nobody looking into your garden except an HST 125 flying by at 100mph. Have a look at the internals  ( http://www.rightmove.co.uk/property-for-sale/property-30592950.html)  and you will see its a little sweetie. I dont think this will be around for long.

Even with the trains, you should get £525 to £550 per month (there is one round the corner at £625 which is steep). Depending what you buy her for, a yield of 6.1% to 6.3% a year is very good.

Now where is my train spotter handbook?