Enjoy earning 6% gross yield in semi-rural Wood Street

Last month we found a 2 bed flat in Wildfield Close on which we remarked it was located in quiet, semi-rural area, in Wood Street Village but still within a reasonably close distance to the A3 link to London and Portsmouth; plus local employers on the Surrey Research Park and at The University of Surrey.

Now we have spotted a pretty, terraced 3 bed house with a reasonable asking price of £290,000 in the same quiet street (the flat was priced at £200,000). It contains a large, modern kitchen which should sell the house, in itself. There is a downstairs wc plus a garden.

Stunning kitchen to suit today's lifestyle

With a potential rental of £1395 pcm and assuming the property realises the asking price an investor will earn a gross yield in excess of 6% which is almost as much as the 2 bed flat featured in the blog, early in May this year.

This property is therefore likely to fly off the books of Cobbles, the estate agent handling the sale.

http://www.rightmove.co.uk/property-for-sale/property-52909016.html

If you would like advice about what could make a good investment, please call 01483 320 207 or email richard@guildfordpropertyblog.co.uk