Valpal

Tuesday, March 17, 2015

Lynton Green, Maidenhead - 3 Bed - Needs a spruce up but worth a look....!

Morning All, bit of a slow start to the week with not too many properties hitting the market.......but today's trawl has drawn me to this opportunity that has just come on the market with Braxton for a shade under £360K. I think its a sound buy to let opportunity.....you just need to keep them costs under control....

Looks like the agent has planned an Open Day for the 21st March, this tells us that interest is high and with all these ones that need a bit of TLC the investors will be having a good nose around. After giving the calculator a bit of a work out I reckon if you got this for around the asking price and kept the updating costs under £20K you can expect to make a return of 4.2% based on a monthly rental income of £1,300. 

If the asking price starts to creep up and you notice some things you don't like in terms of updating you may decide this is not for you.......worth a look anyway!




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