Investors need to hurry to add this little gem to their
portfolio. This compact 2 bedroom house is
being marketed for sale with Astons Estate Agents this week and I know if I
marketed it for tenants I could let it ten times over.
We have just let the house opposite at £975pcm per
month. We let the house within 24 hours
of being marketed and at the full asking price.
Pound Hill is thought of as the
premier neighbourhood and properties there are always in great demand. Figures from the Martin & Co intelligence
report show that 1 and 2 bedroom properties account for 69.4% of the demand. If purchased at the guide price the yield
would be just above the magic 5% and tenancies in this road average 2.5 years. Long term investors would be interested to
know the capital growth has been 30% over the last ten years.
If you are considering a buy to let purchase you are welcome
to contact me at the Martin & Co Crawley office for assistance & advice
on the local rental market.
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