This 1 bedroom terraced house would make a superb buy to let investment – why? – because unlike a leasehold flat this property should be freehold and therefore will avoid any high monthly maintenance/ground rent charges which normally eat in to your monthly profit.
The GUIDE PRICE of £235,000 – £240,000 seems fair as I have seen 1 bedroom flats sold at this level and the selling agents Your Move Petty Freeman list the property as being well presented, conveniently located to local amenities and confirm the house comprises of lounge, kitchen, upstairs double bedroom and bathroom. Other benefits include rear garden, allocated parking , double glazing, no chain.
Although the property has electric heating it could benefit you long term financially as if there is no boiler at the property money will not be spent on boiler maintenance/repairs.
Full details of the property can be found here http://www.rightmove.co.uk/property-for-sale/property-60364907.html
Please do not hesitate to contact if you wish to discuss this property or any others that you have seen further. I can be contacted via email firstname.lastname@example.org or 0208 300 6761.
Want to know the potential Sales or Rental value of your property? – use our FREE instant Online Valuation tool to give you a guide in less than 60 seconds: