Ok so this flat is not the most attractive from the outside being advertised by Your Move but we have to remember as investors that we must buy with our heads and not our hearts.
To be fair, this would probably look a hell of a lot better if the picture was taken on a sunny day but we know how often they can come about in the UK!
Investment opportunity Watford
Regardless of the pictures and the weather in Watford this could make a good investment for you.
If purchase for the guide price of £210,000 and rented at £995 per month you’d achieve a very healthy yield of 5.7%.
Not to be sniffed at!
There could be some added potential here too.  The house next door seems to have a loft conversion – in time you could do the same.  Of course this is subject to planning etc but the opportunity is there.
For the full details jump onto Rightmove
If you are considering an investment in Watford or surrounding towns and would like a second opinion please don’t hesitate to get in touch with me on 01923 375 300 or james@caleyandco.com.
If you’d like to know more about Caley & Co and how we help look at the area for investors check out a few of our other blog posts.  Here is a good one to start with.