I have just been looking at the latest properties to come to the market with buy-to-let potential and this one has caught my eye.

This two bedroom house in Wells Close in Whiteley has just been listed through Walker & Waterer for £217,500.  It has two double bedrooms which which will mean that it would appeal to the widest audience, and it has a modern fitted kitchen with breakfast bar which is also a plus point for Tenants.

The projected monthly rent on this type of property is around £825 which means that the expected gross yield is 4.55%.  Now, with the new Stamp Duty rates in force this will take a big chunk out of your first year’s rental income.  However modern two bedroom properties with two double bedrooms in Whiteley are always in high demand  so those with a longer plan in mind will see the appeal of the property.

Full details of the property can be viewed HERE.

I am always happy to give my impartial opinion on any potential investment purchases that you are considering.  Please feel free to contact me on 01489 570011 or email me at james.hill@brooklettings.co.uk.