Tuesday, 17 February 2015

Large 2/3 bed house in Burley - 6% yield


Doing the sums on this spacious house in Burley on Beechwood Mount you could be looking at an annual yield of 6%. This is based on an asking price of £140,000 and an achievable asking rent of £650 pcm. The market for this type of property is incredibly hot at the moment.

This particular example looks lovely, nice and modern, with an additional study room (if rented to two people). Probably not much you would need to do to it to get it 'Letting Ready', although make sure that when you view it, you double check the nitty gritty of the condition, photos don't always tell the whole story. 

If you would like any further information on buying to let in Headingley & Burley, come on in for a chat. My office is on Burley Road.

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