Friday, 23 October 2015

Fantastic 'ready to go' 4 bed house in Burley with 9.7% yield

This four bed terraced house on Beechwood Mount in Burley is in an ideal location as it will appeal both to professional renters and students so as an investment it offers the chance to broaden your potential market. It's situated just next to Headingley so it's close to all the shops, bars and all things good about Headingley but is just out the way of the 'student noise' that you can come across in the centre of Headingley which often final year students and professionals tend to prefer. It's also situated a stones throw away from Burley Park train station. 

From the looks of things it looks to have had a recent refurb and looks ready to rent so there would be no need to spend time and money on it to get it rented out. All the rooms look to be decent sizes and it boasts two bathrooms which for a 4 bed is a often a rarity so that will help it stand out to potential renters. 

A house of this standard in this area is likely to achieve around £13,936 so if you managed to get it for around £140,000 you'd then be looking at healthy 9.7% return. 

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