Monday, September 26, 2016

Investments in Melton Mowbray under £125,000

Pick of the crop!!

Tidy Terrace on Rosebery Avenue, Melton Mowbray.
Listed for £119,950 with Melton Premier. This is a 2 bed with a little courtyard and is in excellent condition looking at the photos. I would think we could achieve £575 pcm for this property - potential 6% yield ...

http://www.rightmove.co.uk/property-for-sale/property-44314791.html

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Another 2 bed, this time on the market with Anthony Hancock for £125,000. Its on Blyth Avenue which is a 10 minute walk from the town centre and a quiet estate. this would also achieve £ 575 pcm - potential 5.5% yield



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My Favourite! Rosebery Avenue again in Melton. This is a 3 bed that has been on the market since 20th July this year with Harrison Murray. It is a nice looking property, from the pictures, and would achieve £575 so if purchased for the asking price of £120,000 a potential yield of 5.7%

http://www.rightmove.co.uk/property-for-sale/property-55238938.html



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As with any property investment remember there is stamp duty to pay when purchasing a buy to let.
https://www.stampdutycalculator.org.uk/

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