Investment property in Chesterton, Newcastle under Lyme
Whilst out and about this morning I drove past another
potentially great investment property on Chestnut Grove, Chesterton which has
just gone on the market for £79,950. This looks to be just what the rental
market is looking for. The property has three bedrooms a family bathroom on
first floor, cloakroom on ground floor, two reception rooms and a lobby area
off the kitchen which looking at the floor plan could make a nice sized kitchen
diner.
There is driveway parking and a garden too. Some cosmetic work is
required before it is put on the rental market – but with an estimated rental
income of £495 pcm you are looking at a gross 7.4% yield (and that’s if you pay
full asking price) this is definitely one to have a look at!
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