Thursday 10 March 2016

Folkestone Buy To Let Property of The Week

£550pcm - £125,000 - Broadmead Road
Update:  We've moved our blog to www.folkestone-estateagent.co.uk




I've chosen this lovely little one bedroom flat on Broadmead Road this week because it's the sort of property which ticks all the boxes for a potential tenant.  

It's ground floor with a lovely little garden, double glazing, gas central heating, good sized rooms and a bit of storage.  Literally around the corner from Folkestone Central Station (0.2 miles according to Rightmove) which takes you to London on the fast train in 54 minutes.

Assuming the property is kept in good condition, all those lovely ticked boxes will help by keeping the rent up, reducing voids, lengthening tenancies and attracting quality tenants.  (found for you by us, of course!)

All this with a potential yield of 5.5%.

Oh, and it's share of freehold...  take a look on Rightmove...


P.S. See update below in comments>>