Tuesday, 8 July 2014

Investment Opportunity - Tilgate

Yield or capital appreciation – which is better?  Why not go for both.  I have seen this great little maisonette come on to the market with local agent Homes Partnership in the Tilgate area of Crawley.

Having checked through the data these properties were being sold for £130,000 in 2006, today’s marketing price represents a 30% increase in capital value.  When they come up for let they have always proved popular, the last one rented at £850 per month which at today’s price is a 6% yield.
Famed for its park, nature centre and lake, the Tilgate area of Crawley is favoured by young families because of the access to schools and the extensive leisure facilities.

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