SKELMERSDALE BUY TO LET DEAL OF THE WEEK!

Based in Carfield, Skelmersdale, this property comprises of 3 bedrooms. It is currently on the market with BRIGHOUSE WOLFF for £57,500. From looking at the initial pictures, it looks as though it is decorated to a decent standard for a tenant to move in quite quickly (you will still need to complete all safety checks to comply with current legislation i.e. gas and electrical checks). It may just need a little TLC and a bit of money spending on it to get it looking its best though. In my opinion, this property will achieve a minimum rent of £495pcm. I think that this property should achieve an annual yield of around 10%  – even more if you can get some money knocked off the price, which I think is a great return on your investment!
From my experience these properties rent out quickly, which makes this a great buy to let deal.

In my opinion this is a great buy to let deal as it will make a great family home, close to the town centre and local schools.

Depending on whether you own other properties you may also need to factor in second home stamp duty which will affect the figures slightly. Stamp duty on this property for a portfolio landlord would be £1,725.

Check out the Rightmove link for more information. Or contact Brighouse Wolff for more information.

https://www.rightmove.co.uk/property-for-sale/property-75057536.html