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>>

6.57% Yield Folkestone Buy To Let Property of The Week

Radnor Park Avenue £105,000 and potential of £575pcm

Update:  We've moved our blog to www.folkestone-estateagent.co.uk


What's That? Yield Under 7%?!???!


Before you start throwing rotten veg, take a closer look....



The location and size of this property is amazing, the lease is long, there's off-road parking, double-glazing and just around the corner is Radnor Park and Folkestone Central Station which will get you to London St Pancras in under an hour.



OK, the yield isn't as high as other deals I've written about recently, however the potential for capital gain is there too and that's something that should be factored in here.



Based on the advert I think that the agent's photos seem to be avoiding the radiators which are likely to be storage heaters and there's no photos of the bathroom so either one of the vendors was in there taking a really long bath when they came round to take photos or we should expect an avocado suite or DIY tiling.  <eek>



Take a look at this property on Rightmove and see what you think... http://www.rightmove.co.uk/property-for-sale/property-32448309.html

7.09% - Buy To Let Property of the Week - Harbour Way

Malvinas Court, Folkestone.

Update:  We've moved our blog to www.folkestone-estateagent.co.uk


This three bedroom top floor flat just a few hundred metres from Folkestone Harbour, the Creative Quarter and ROCKSALT our celebrity restaurant is definitely worth checking out!

Taking into account the location, spacious rooms and parking to the rear, this property has the potential to attract a family in receipt of part housing benefit with an anticipated monthly rent of £650-700pcm.

What I like about this property (apart from that delicious potential yield!) is the location because a great deal of activity to lift the harbour area is underway and this property is located on the right end of Harbour Way to benefit from this in the long run.

Get in quick before it gets snapped up!