Thursday, 23 June 2016

5% Yield in Pound Hill - just.....

This two bedroom maisonette in leafy Pound Hill has been listed by local agent Blakemore & Sons.  Its not just the sales prices that have been increasing over the last couple of years but the rental prices have increased too which would help achieve a yield of 5%.

You can view the details by clicking here

Sought after Pound Hill has always been the favoured area of town at the top of most tenants wishlists.  Easy access to the M23 junction and the mainline railway station at Three Bridges make it ideal for commuters whilst young families are drawn to the area because of the high standards and ratings of the local schools.  Investors should be aware that being a leasehold property there will be service charges & ground rent payable on the property.  It should also be noted that an investor will be paying a stamp duty of £8250 whilst a first time buyer need only pay £1800. 
2 bedroom maisonette in Javelin Court, Pound Hill

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