FREE tenancy agreement
FREE landlord softwareInside the M25 that was 6.82% whilst outside the M25 sales hit a stonking 13.3% yield.
Who says there is not value out there in the residential investment market. Mind you one problem. You need to be able to access finance.
No wonga no property. It's that simple.
Watch our latest auction update for market commentary, property highlights and yield analysis vimeo.com/39636140
— Allsop (@AllsopLLP) April 3, 2012
Mortgage Search - Bridging Finance available
Posts
2 comments:
This is a false picture. I was at the auction and in some cases the properties had short leases (for example one in Southampton on a 19 year lease) and so sold at a lower price than they would have done with say a 100 year lease, so making the yield look attractive. Others were flats with a service charge that would have to be deducted before deriving the net yield.
Looking again at the Allsop catalogue, there were 2 flats in Oxford sold with 20 year leases and 2 houses in Oxford sold with 46 year leases, again sold a lower prices than had the leases been say 100 years and making the yields look very attractive.
Post a Comment