Looking through Zoopla just now i have stumbled upon this stunning building with heaps of potential.
It's currently on the market for £475,000 with elevation and is a 4 bedroom terrace house in the pristine location of Beaconsfield Terrace which is situated centrally in Cambridge. Not only is the location key but should the rooms be in good condition you could easily reach £550pcm per room on the rental market - thats a whopping £2200pcm offering you an instant yield of 5.6%.
Now imagine this how about checking out the size of the rooms and being a victorian house i would expect them to be huge and i would also expect that you could make at least two of them ensuite increasing those two rentals to say £650pcm, give it a year and they pay for themselves so year two and three become extra profit let alone the increase you have instantly created in your property value?
All in all this property is certainly worth giving elevation a call.
Contact Cambridge Property Investments Ltd ® for advise with investing in Cambridge and letting your property whilst reaching your maximum yield, We're here to help!
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