3 Bed Ex Local in Dawley for £99,950! They Don’t Come Much Better!
I have been keeping my eye on this particular property for some time! Just before Christmas, a similar property to this in Attwood Terrace, Dawley, sold prior to auction with Butters John Bee. Whilst I am not 100% sure, I believe the property on Attwood Terrace, sold for around £93,000. At the time, this particular property was on the market for around £115,000. It is now on at just £99,950!
Whilst it looks like it has some large out buildings, and requires some basic cosmetic work, from what I can see, there is not a lot wrong with it.
I have suggested in several previous blogs, that 3-bed semis tend to be the most popular home for sale and renting in Telford.
We would expect to achieve around £595 PCM for a property like this. That would be a very acceptable 7.1% yield!
In light of the stamp duty changes, this will go quick!
Its on the market with Harwoods, Broseley.
Have a look… http://www.rightmove.co.uk/property-for-sale/property-51949406.html/svr/2124;jsessionid=6287DDF114BA6B698070FF3FEC7E0442?utm_medium=shorturl&utm_campaign=smspropertydetails&utm_source=url#
We are always keeping an eye out for good buys. If you would like any advice on the buy to let market, or our opinion on a property, feel free to call us on 01952884404.