Three Bed Buy to Let in Broughty Ferry

This attractive three bedroom family home is being advertised by Thorntons, http://www.tspc.co.uk/details.asp?id=116443.

It’s in a quiet cul-de-sac in the Ferry where we have rented before without any difficulty and it looks to be in good condition.

It’s on at an asking price of £175,000 and I estimate the likely rent would be in the region of £650 or better.

Now this is a yield of around 4%, not earth shattering but still more than your likely to get off the bank for the foreseeable future.

However, if we dig a little deeper we find that semi’s in this area have gone up in value over 22% over the last five years. All of a sudden it looks a lot more interesting I think.

As usual it just highlights the need to look at the bigger picture and also that property is not a ‘short term’ investment.

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