Saturday, October 7, 2017

Buy to let with appeal to the family rental market.

In Melton Mowbray we see a huge demand for rental properties that would suit a family. When I saw this one on the market for sale on Nottingham Road with Richard Watkinson I thought it would really suit several of the families we have registered with us at the moment. 

It is a 3 bed house with off road parking at the rear (this is a busy road so you would need to have parking if you were living on Nottingham Road). The house looks to be in good order, it could possibly do with a kitchen upgrade in the future but the bathroom looks to have been recently fitted and there is a large enclosed garden. 

This would easily let for £625 pcm which would give a potential 5% return if it was purchased for £150,000.

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