Friday, July 10, 2015
6.5% return in East Clacton
This three bedroom semi detached house has been listed with Peagrams Estate Agents for £147,000 located in Northbourne Road, which is tucked away at the end of Thoroughgood Road & Vista Road but an ideal position for Clacton railway station & town centre.
From the information provided by the agents, there is potential to reinstate a partition wall in bedroom two, which could add a to the monthly rental, thus meaning an even higher yield!
Dependant on the sizes of the bedrooms as a four bedroom house, you could expect to achieve a rental of £850 - £875, therefore offers a potential of 7.1%!
For further information, click the link below!
http://www.rightmove.co.uk/property-for-sale/property-53188352.html
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