Here is a one for you…
Property Price: £offers over 260,000. What does that mean? Nothing, if you know how to play the game! Does the word ‘Tax threshold’ ring any bells?!
Saying that, even if you add £20,000 on top of that, you are still looking at a 5.79% Yield, which ISN’T THAT BAD FOR CROYDON is it!
So…
Price: £260,000
Rent: £1350pm
Yield: 6.23%
Go and check it out. If you want any advice on this, or any other deal, or any FUTURE deals, feel free to call.