3 bedroom house, Bewbush, Crawley
Connect-UK are marketing this 3 bedroom house in Bewbush, Crawley at £259950. The property is being marketed to “investors Only”, which often means that a tenant is in-situ. A call to Connect, however, should clear that up. Here’s the Rightmove link for further details https://www.rightmove.co.uk/rmplus/property/showPropertyMcr.action?propertyId=37700691
If you’re interested in the property and it is being sold tenanted, do check that they are up to date with the rent and are looking after it well. After all, you want to buy an investment property, not a nightmare (and it is Friday 13th !) – scary thought.
Properties like this in Bewbush, in good condition, can rent for around the £1200pcm mark. We know that for sure because we recently rented one in the same location !
For investment purposes this house would primarily suit a family. As we’ve mentioned before, all things being equal, families tend to stay in properties for longer, so your turnover of tenants & void periods should be shorter in the long run.
Based on the purchase price of £259950 and a rent of £1200pcm, the gross yield for this property would be around 5.5%. So not bad at all.
If you’re looking for investment properties in and around Crawley, why not call us up for a chat on 01293 515588. Alternatively, do drop us a line to crawley@northwooduk.com.
The Crawley Property Blog 