Fishponds Road, S13 with 7% Yield
Despite this property as coming across old-fashioned in some areas, I believe this property to be in a good condition and would not take much to modernise the property.
The kitchen and bathroom both look to be in good modern conditions, as do the bedrooms. So, it would be the lounge that would require attention. The fireplace is dated, but with the exposed brickwork, with a new fireplace, this could be an impressive feature, a new neutral carpet would also do this property the world of good.
Additional selling points to this property includes very well presented gardens to the both the front and rear of the property, a driveway to the front of the property, which leads to a decent size garage.
In a more modern condition, I would expect this property to achieve approximately £525pcm, which at the current asking price, would generate a yield of 7%, but do take into consideration the cost to modernise the property.
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