Tuesday, 29 July 2014

Take advantage of a 6% yield in Tilgate

I have previously highlighted a Tilgate property & if you missed it here is another.
Offering both rental yield and capital appreciation it would make a solid purchase. This great little maisonette in the Tilgate area of Crawley is on to the market with local agent Choices.

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.  I have let a number of these properties, the last one rented at £850 per month which at the current marketing 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 and is also home to the well-equipped K2 centre with pools, gym and sports facilities.

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