On the market at the moment is this two bedroom flat at £250,000.
Park View is a well-managed block close to Maidenhead town centre, located on Grenfell Road. The block is a stones throw away from Maidenhead Railway station which is great bonus for people working in London and it will also have the added bonus of Crossrail which comes into play in 2018.
Rent of £1,100pcm will attract a lot of demand and would make the gross yield on this property 5.28% with good capital growth.
From April 2016 any buy to lets purchased will be subject to an increase of stamp duty of 3% on top of the current rates increasing the cost of any further investments made by the landlord.
Read MoreRemoval of the wear and tear allowance From April 2016 the wear and tear allowance will end, to be replaced by a deduction for landlords when they actually spend the money. A consultation document has been released and any changes will be included in Finance Act 2016. Consultation closed on 9 October 2015.
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