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Great Starter Home or Investment!

Good morning everyone. We have hust been instrcuted on this 2 bedroom mid link home situated in the popular location of Exwick. The property would be ideal for investment or first time buyers and has accommodation comprising: Kitchen and lounge on the ground floor. The 1st floor has 2 bedrooms and bathroom. Outside there is a garden to the rear and allocated parking.

http://www.rightmove.co.uk/property-for-sale/property-39743964.html

The property does need some work, however, it is on the market at an asking of £129,000. Market rent is 625 pcm. This would generate you a gross yield of 5.8%, which in this market isn’t bad.

If you have any questions about investing in property, feel free to give me a call on 01392 435 130, or drop me an email exeter@northwooduk.com

 

Michael Fredriksson

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