This nice 2 bed in Asfordby is on the market for £139,950 with Melton Premier.
It would easily let for £ 550 pcm which is a potential 4.7% return if purchased for the asking price.
As many of you know I am always conservative when talking about rental valuations as I feel any investor considering a property should use realistic figures. It will be likely that we can achieve a little more on the day.
There are other costs that should be taken into consideration include Conveyancing Fees and Stamp Duty which is higher when purchasing a second property.
If you are considering investing in a buy to let then please give me a call for honest advice on rental returns.