Bungalows don't come along all that often, and this one offers lots of space and value for money....
Many families love bungalows for their ease of access, flexible living space and larger plot of land, todays option looks great in those respects and would really appeal to people who want such a large property all on one level. At an asking price of £250k this is a lot of property, and with no upper chain, gardens front & rear, UPVC windows and gas central heating already installed, it might just benefit from some paint and flooring before hitting the rental market. The anticipated rental value for today would be around £1150-1200 PCM, a healthy 5.5% minimum yield, and best of all this would always be of interest due to the limited availability of similar rental stock to future tenants, and capital growth will be healthy here as well, because even when you do come to sell the same market conditions exist - too few good quality, spacious bungalows for the number of people who would want them.
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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