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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