Just seen this advertised with Allsops and coming up for auction July 17th.
This is a great opportunity. Having seen this 3 bed property before, it does need re-decorating and re-carpeting. The garden is in a bit of a mess BUT a great development of various conversions and new builds close to Oakham and will achieve at least £650pcm.
Auction guide £120,000 but assuming bidding may go to around £140,000 this would still give a potential gross yield of 5.42%
We’d be able to let this property easily from our Oakham office but if you think you might be interested and want to discuss the rental potential, give me, Darren Haughton a call on 01536 519908.