Monday, 5 December 2016

Semi detached house in Headingley with 10% return

This semi detached house on St Annes Road in Headingley is a fantastic property in a brilliant location. It massively appeals to both student and professionals due to it's proximity to Headingley campus and it's position so close to Otley Road. Houses like these never fail to appeal to renters so there wouldn't be any doubt this would rent out all day long. 

If you spend around £8,000 updating the decor, fitting a new kitchen and bathroom suites you could easily achieve a monthly rental income of £2,392. All the rooms are already really good sizes so you wouldn't need to spend time and money on knocking any walls down so it wouldn't take long to get the property looking fantastic so there shouldn't be any void periods. 

The asking price of £290,000 in my opinion is little high so if you were able to haggle it down to around £275,000 you would then be looking at a good return of 10% and you'd have a house that wouldn't struggle to let all year round. 

1 comment:

  1. Hey! I just got bathroom fitter aberdeen to fully renovate my bathroom - now it looks like a real home spa! I absolutely love every inch of it.