Thursday 24 July 2014

Honeybourne Drive, Cheltenham - 2 Bed Terrace 5.3% Yield

I've just spotted this property on the market with Andrews at £140K - 2 Beds , double glazing, Gas central heating and parking. Looks great, should let for £625 PCM - No problem ! Nice easy investment opportunity. 




                            http://www.zoopla.co.uk/for-sale/details/33902361

This is what Andrews have to say : Situated in "Cavendish Park " on the western outskirts of Cheltenham, this well presented mid terraced home offers entrance hall, living/dining room, kitchen with range of fitted units and door to rear. Upstairs has a landing area with two bedrooms and a bathroom including a shower over the bath. Outside the property has garden and driveway at the front providing off road parking whilst to the rear there is a low maintenance courtyard style garden enclosed by fencing. Finally the property also benefits from double glazed windows and gas central heating to radiators.

I think that this is a great investment opportunity for the landlord who wants an easy life . Horse for courses - The returns wont be as good as a refurb project but not everyone want the hassle. 

If you would like advice on this or any other property please get in touch neil.west@belvoirlettings.com

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