New to the market, this property is small in size but large returns on offer! This three bedroom house on Blackstock Road could easily achieve £500pcm as the area is incredibly popular for rentals at the moment. A very small amount of money would need to be spent on this property as most rooms on offer are in a suitable condition as they are. At a push, the new owners may want to consider replacing the carpets and re-painting the property in a neutral colour however I feel it is not absolutely essential for this property.

There are similar properties on the market that achieve around £500pcm which I believe are of the same quality so this particular property would have no problem achieving the same. The return could be a staggering 9.2% yield if purchased for asking price and rented out for £6,000 annually. As mentioned, the return on this property is exceptional and the opportunity should definitely be seized to have a look at investing into this property if a good yield is what you’re after, even if you have to carry out some remedial works beforehand!

http://www.zoopla.co.uk/for-sale/details/38288902

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