Tuesday 28 June 2016

Affordable family 3 bed home in Heelands, £185k with 6% yield

Many 3 bedroom semi detached family homes are now well in excess of £1000-1100 PCM, today we have one that should meet the needs of families on a smaller budget.







Located on the northern edge of Heelands, this 3 bed terraced home has a garage, garden, 2 double bedrooms along with a single, a downstairs WC (great for the kids) and is in pretty good order already, but do get along and arrange your own full inspection and viewing.







With a fair asking price of £185k this is on par for a property on an older, more established area, but for tenants what they would like about this is the easy access to local primary & secondary schools along with grate road links and close proximity to Central Milton Keynes for shopping and employment opportunities. With a rental value today of around £925-950 PCM, this would give a yield of 6% to the new BTL owner and is a relatively affordable way into the market right now.









I will post what I consider to be the best buy to let deals across Milton Keynes and surrounding areas on this blog 3 or 4 times a week, irrespective of which agent they are being marketed with. Maybe you should subscribe and be kept up to date?


If you are thinking of getting into the buy to let property rental market as a new investor and don't know where to start, or you would like some impartial advice and guidance to get the best return on your investment, call me now on 01908 690700 or pop along and speak to me in person at our offices in Central Milton Keynes.



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