Wednesday 28 May 2014

No Stamp Duty to pay, proven track record and 5.3% Yield

www.propertyfile.co

If your looking at your first Buy To Let investment here's a great opportunity to purchase a property at the lower end of the price scale at £124,995 so no stamp duty to be paid and this one has a proven track record in the rental market. 

We have been letting this property consistently for 9 years with very little void periods. The current tenants have been in occupancy for well over 3 years and previous tenants have stayed for almost as long. The current rental achieved is £550 per calendar month but higher rents could easily be made. Running costs are also low with ground rent and management fees around £450 per annum so this all helps to make a good overall return on investment.  

Located in Turnford, only a short distance from the local shopping centre and within easy access to the A10, this is a sought after area by many tenants and the property itself has been well maintained so no need to go in and start spending money unnecessarily.     

Take a look via the link below and if you would like any further information please give us a call.




"Your local lettings experts, our advice is free but our knowledge is priceless" 

           
I have been in and around the Hertfordshire property market for over 25 years, starting as an estate agent in the county town of Hertford and now running a successful lettings and property management company based in Stanstead Abbotts. I have let and managed property all over Hertfordshire from the area that I currently work to Wheathampstead where I owned and managed a lettings & estate agents to Watford and surrounding areas where my company acted as a marketing agent for one of the largest property management companies in the country”


 
Adrian Fallart - Director - Property File


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