Good afternoon everyone,
Having a little look on Rightmove this morning, I have come across this property, It’s a very well presented 2 bed maisonette, just off Sidcup Hill in Sidcup and is on with Robinson & Jackson Sidcup.
The price that it is on the market for is £260,000-£270,000, which when you compare this against the potential rental price of £1000 pcm, could generate you a potential return of around 4.6% if you manage to get it at the lower price.
As this is an older block, make sure you find out what the length of lease is, just in case it’s getting low, and also of course the service charge and ground rent figures need to be clarified.
If you would like any information as to what to buy for an investment property, feel free to give me a call. 020 8300 6761 or email me direct firstname.lastname@example.org.