Thursday, 18 June 2015

Perfect Pound Hill Investment

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.
LET first viewing

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