If you live in Leamington Spa and are interested in residential property, this blog might be right up your street. Be you a homeowner, landlord, property investor or into buy to let, we will talk about what is happening in the Leamington Spa property market, on weekly, even daily basis!
Saturday, 18 October 2014
FABULOUS BUY TO LET PROPERTY ON THE MARKET
http://www.rightmove.co.uk/property-for-sale/property-48543014.html?premiumA=true
This apartment caught my eye this morning whilst I was looking reviewing Leamington Spa property Market. These Apartments are a very good size and always rent really easily.
It is currently on the market with Knight & Rennie for £250,00. We have several rentals on Lucas Court ranging from Medium sized two Beds at £995pcm up to the larger two beds at 1175 pcm. So if we base our sums on the max figures, you would still walk away with a 5.6% yield, which in this market is typical in our area. However Capital Gain here would be fantastic and worth keeping the property for a few years
If you would like any more advice on where (or not) to buy, just drop me a line on sean.driscoll@martinco.com
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