The buy to let opportunity from The Bo’ness Property Blog is for landlords who want an ‘easy life’.
The property is a modern, second/top floor, two-bed flat in the ever popular Union Court development in Bo’ness which is just behind Tesco’s and along from the steam railway station. The flat has a large lounge with ample room for a dining table/chairs, a fitted kitchen, two bedrooms and a bathroom with a shower over the bath. The flat has double glazing gas central heating and residents parking.
The property looks to be rentable condition other than the it needs to have the rental property safety stuff done. In addition, it is likely to be a low maintenance property given it’s newness. Finally, its newness means that it has the mod cons that come with a newer property that tenants love. Hence why I am saying it is a flat for the ‘easy life’ landlord.
Turning to the financials.
The first flat is on the market with Paul Rolfe for offers over £90,000 and let’s say it goes for £97,500. I would expect that you could get a rent level of £525/month which will give you a rental yield of 6.5% which reflects the newness the property and the higher than Bo’ness normal capital growth potential.
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