Monday, November 2, 2015

Great Investment opportunity on Browning Close

This is a great family property for sale with Connells, currently on the market for £190,000. It is in an area that sees great capital growth and is ideally located for John Ferneley Secondary School and Sixth Form. 

This would easily let for £675 pcm, (probably more in the current rental market) 4.2% yeild - but more exciting is the potential capital growth.

According to Zoopla, semi detached properties in the street have seen an increase of 16% over the last 5 years and this property has the potential for an extension. This means the property will have a greater appeal when it comes to resale whether it has been extended or still has the opportunity for this to be done. Something that is just not an option when investing in new build properties.

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