Saturday 19 July 2014

Potential to Improve and increase Yield



www.propertyfile.co

Heres a property that has just recently come onto the market and would make an ideal first time buy-to-let. 
Located in the very sought after location of River Meads in Stanstead Abbotts this is a large Studio apartment on the top floor with views across the river. Currently Let at £550 per calendar month this could easily achieve a higher rental figure with a bit of TLC and has the potential for converting to a one bedroom apartment with a bit of thought and investment.
The great thing about this property is that it has already had the lease extended and so has nearly 200 years left, therefore great as a long term investment safe in the knowledge that reselling with a short lease wont be a problem.
With the right refurbishment expect to achieve £650 per calendar month as a large studio in this location.  For further information or if you just want a general chat about the local Buy-To-Let market come into our offices in Stantead Abbotts High Street and we will be glad to help. 
          





 Click the link below to see the full details!




"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”


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