A landlord called my office today, asking about the merits of purchasing a property in the Town Centre – “Isnt it a bit rough in the Town?”
Thats the wrong idea! The world over there are always areas in some peoples opinions that are less desireable than others. However when looking at the town centre , you must look deeper than the surface.
Many towns have been subject to substantial regeneration, or have planned regeneration, and Bedford is no exception. Not only would a property in the town lend itself to great access to its amenities. It would also be close to the railway station.
The linked property is a prime example. On the market for £145,000 we have no issues finding tenants acheiving a good rental return of around £700 per calendar month , a ROI of almost 6% . Clearly when purchasing a lease hold property there are other issues to consider. Call us now for details.
