Saturday, 23 April 2016

Looking for an investment in Ifield

The highest yields are always to be found on the smaller properties and I’ve seen this little one bedroom maisonette that is true to form.  The photo’s probably do not it justice but with a yield of 5.5% it does have true potential.

These maisonettes in Ifield West have a great shape to the living space that allows for distinct areas for lounge & dining – which is unusual in the smaller properties.  They also have enclosed kitchens rather than the current craze of having cookers and washing machines open plan to the main living area.  Because of the detached private garden the conservative rental value would be £750 per month but with some updating and modernisation it could achieve the higher guide of £800.  Ifield West is not best served by public transport but car owners would enjoy the allocated parking space. 

If purchased at the marketing price of £164,950 the yield would be a respectable 5.4% if rented at the lower end of the guide price.
One Bed Maisonette For Sale in Ifield

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