Wednesday 12 October 2016

Downs Barn large family home, close to the centre, £240k with at least 5.5% yield

How nice is this! A family sized house, good sized rooms, parking and garage, with a conservatory and yet within a short walk of the city centre......







This property will really appeal to a young family where one of the adults needs to get to CMK daily but doesn't want to pay high parking fees, or it also works for those who want to commute up and down the M1 motorway as it is just a few miles and an easy run to get on there and be heading towards London or the East Midlands. There are also a range of good schools locally, again within walking distance and this includes a very good independent school, for secondary education there is Stantonbury Secondary School and Sixth Form centre, and directly opposite this location is Campbell Park with acres of lovely walks, a cricket pitch, and beautiful vistas across North Buckinghamshire.







With an asking price of close to £240k, I would happily put this up for rental at around £1100-1150 PCM, which would be a yield of at least 5.5%, this is the typical figure being charged right now for a house of this size in the area, and with flexible parking & low maintenance garden it should not take long to find decent long term tenants.









I will regularly post what I consider to be great 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 373580 or pop along and speak to me in person at our new offices in Central Bletchley, Milton Keynes.






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