4 bedroom house, Broadfield, Crawley
We don’t normally consider 4 bedroom properties as ideal for investment purposes. However, here’s an exception in Broadfield, Crawley. Marketed by agents Homes Partnership for £229950, they also quote a potential rent of £1200pcm, which we think is pretty close to the mark. Based on this rent, the gross rental yield would be an impressive 6.3%.
Readers of our blog will know that this potential yield is at the high-end of what we tend to find in Crawley. If you would like to have a look at some further details of the property, here’s the Rightmove link http://www.rightmove.co.uk/property-for-sale/property-55273673.html
Please remember that properties with higher rental yields tend to have lower long-term capital growth. The reverse is also true. So when thinking about property investment you need to consider whether rental income or capital growth are more important for you. Once you have the answer to this question, you’ll then start to have more of an idea about what type of property investment would suit you best.
If you would like to discuss the property investment options that Crawley and surrounding towns have to offer, please don’t hesitate to give us a call on 01293 515588. Alternatively, drop us an e-mail to crawley@northwooduk.com.
The Crawley Property Blog 