Here we have a staple Watford property investment being marketed by the good people at Connells.
This type of property is very popular with investors due to it being freehold rather than leasehold so no service charges of course. They are also very popular with tenants and fly off the rental market quickly is priced correctly and in nice condition.
This looks to be in lovely condition so you’d have no problem renting it out straight away for approx £1,195 per month. When you consider the marketing price of £300,000 that gives you a yield of 4.8% which is not bad in this area.
With Watford Junction Station a short walk away this would be perfect for commuters, professionals or small families. There is an abundance of these demographic groups looking for rental property in this area so you’ll never need to worry about filling the property with good tenants!
This would be a good long term investment!
If you need some help choosing the right investment for you then why not give me a call on 01923 375 300 and let’s have a chat!
If you’d like to know more about us then click here: Caley & Co