Although this property is likely to require a degree of upgrading, something we cannot know due to no internal pictures, it still promises to be a great investment opportunity.

There is no suggestion that any work is required on this property but it’s likely that there is with no pictures.

Either way, the return has the potential to be excellent. With a monthly rent of £550 achievable if the property is to a modern standard, a yield available on the current asking price is 10.1%. If a potentially realistic figure of £20,000 was spent on refurbishments, there is still an excellent yield of 7.7% available.

This will no doubt interest many investors as the quality of investment on offer is so great, particularly for a property in such a high interest area in terms of rentals.

http://www.zoopla.co.uk/for-sale/details/39629703

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