This 3 bedroom house caught my eye today and I thought it would be worth a mention. It’s located just off Perth Rd, very close to both Ninewells and Invergowrie, ideal for families trying to move there for work etc.
http://www.tspc.co.uk/details.asp?id=115526
These houses offer quite good space and this particular ones looks as though it has been updated at some point in recent years, bringing it up to a modern standard. We have rented properties like this, in fact on the same street, for around the £775 mark, which when you compare it against the current asking price of £180,000 could generate you an annual return of over 4.7%. Maybe not earth shattering but I suspect you will get decent capital appreciation as well and I think it will let fairly easily.
The lettings market at the moment is lacking in the 3 bed house sector, so there shouldn’t a shortage of potential tenants.
If you want to pick my brains some more, by all means drop me a line. Nick.horan@belvoirlettings.com
Love Miss Toots X
