Great property with an impressive 6.3% yield
Its coming to the end of another week and we are finishing this week with a lovely 3 bedroom house in Coalbrookdale. It’s in a great location on the edge of the Ironbridge and could be a cracking addition to your portfolio. With a sought after primary school and doctors a stone’s throw away you can’t ask for more to attract a prospective tenant.
The property is on the market for £118,975 which is a great price given the location. A similar property sold for £130,000 in October 2015. I believe a you could achieve around £625.00 per month for this property which would provide an impressive 6.3% yield.
After reviewing the images, I can’t see any reason why the property is not near or in fact in rental condition.
The property is on the market with Nick Tart – Ironbridge. I suggest giving them a call on 01952 200255 and go take a look!
If you would like any advice on buying a property for Let, feel free to give me a call 01952884404.