While keeping abreast of both the Sales & Letting
Market, I’ve come across this gem of a property, situated on Steeple Way, a
quiet residential cul-de-sac, in Stoke.
Steeple Way is situated close to Campbell Road and is just 2 minutes
drive from the A500/A50, providing great links for commuters.
Possibly attracting a young professional couple, this two
bedroom, end of terrace is a modern, low maintenance property, with a lovely
enclosed rear South-west facing garden.
It’s currently just come on the market at £115,950 (a mid-Terrace 2 bed
sold in December 17 for £117,000)! You
will be able to achieve a rental income of £550pcm, I know this as we have just
Let a very similar property in Steeple Way!
These properties were built in 2005, just before the ‘property crash’,
but are house prices on Steeple Way are steadily increasing (not by huge
amounts), but in line with the current climate, so as well as providing a 5.5%+
yield, an investor should hopefully see a small capital growth as well.http://www.rightmove.co.uk/property-for-sale/property-71621759.html
