With prices in Watford increasing rapidly it’s getting tougher and tougher to get the yield out of these 2 bed terraces! This one is being marketed by Dey, King and Haria for £285,000 which is at the top end of the 2 bed terrace price range in this area but it would rent straightaway making it a fairly easy hands-free investment.
The pictures are either very good or in it’s in lovely condition which I believe it its. You could rent this house out for a maximum of £1195 in it’s current condition which gives you a 5% yield.
Of course the benefit of these houses are they are freehold so unlike some of the local blocks of flats there will be no service charge. They are mostly 100+ years old though so sometimes need a little bit more tlc than the newbuilds.
If you have money but no time to view 100’s of houses putting in low offers then this could bring you a return straight away.
If you’d like to discuss how and where to invest in property in the local area I’d be happy to talk to you so give me a call on 01923 375 300 and lets see if I can point you in the right direction based on what works for you.