UK Landlord Forum / Life
Aimlessly gossiping about landlord life since 1716.
Back to Landlord Blog
Landlord Forum
Forum Home
Search
Login
Register
Landlord Forum
General Category
Talk Property
Property for sale
Property for sale
Pages:
[
1
]
Author
Topic: Property for sale (Read 892 times)
Mcrawford
Newbie
Posts: 4
I like property
Property for sale
«
on:
September 22, 2020, 02:38:17 PM »
My property is for sale and with the ground floor annex (potential!) I thought it may be of interest to a Landlord wishing to increase their port folio.
3/4 bed detached property
2 bathrooms
3 reception roomsb
breakfast room (conservatory) off kitchen to rear
easy to maintain front and rear gardens
parking for up to 6 cars on gravel drive
opposite a greenfield coservation area (to front)
close to shops (to rear, 7 minute walk)
7 min walk to railway station with access to London in 45 mins
Post Code RH11
£610k
«
Last Edit: September 23, 2020, 01:10:13 PM by Mcrawford
»
Hippogriff
Global Moderator
Hero Member
Posts: 4449
Abuse Officer
Re: Property for sale
«
Reply #1 on:
September 22, 2020, 04:46:20 PM »
There's no price here?
Simon Pambin
Global Moderator
Hero Member
Posts: 594
I like poetry
Re: Property for sale
«
Reply #2 on:
September 22, 2020, 05:05:05 PM »
Quote from: Hippogriff on September 22, 2020, 04:46:20 PM
There's no price here?
Maybe we just have to take it in turns to guess, and whoever gets closest wins. Zoopla Hoopla!
Mcrawford
Newbie
Posts: 4
I like property
Re: Property for sale
«
Reply #3 on:
September 23, 2020, 01:10:48 PM »
£610k
Rental capacity circa 2250 to 2500 / month
Hippogriff
Global Moderator
Hero Member
Posts: 4449
Abuse Officer
Re: Property for sale
«
Reply #4 on:
September 23, 2020, 01:33:20 PM »
That would equate to a very low gross yield.
If purchased for, say, £600,000... would you be willing to pay, say, £33,000 in rent up front (that being £2,750 per month) to at least get over 5%? What wiggle-room really exists? A nice 6% would be better, of course... we know that. But that would be £550,000 at £2,750. It's possible you are aiming too high with this... but good luck.
Lettly
Newbie
Posts: 5
I like property
Re: Property for sale
«
Reply #5 on:
August 05, 2021, 10:44:31 AM »
Hi,
Have you managed to sell this house?
Pages:
[
1
]