repetitive bleats Posted August 28, 2009 Share Posted August 28, 2009 http://www.rightmove.co.uk/property-for-sa...y-22427128.html http://www.rightmove.co.uk/property-to-ren...y-22064674.html so what would the yield on that be? Quote Link to comment Share on other sites More sharing options...
Frank Hovis Posted August 28, 2009 Share Posted August 28, 2009 http://www.rightmove.co.uk/property-for-sa...y-22427128.htmlhttp://www.rightmove.co.uk/property-to-ren...y-22064674.html so what would the yield on that be? Well, it's either buy those or: Quote Link to comment Share on other sites More sharing options...
the flying pig Posted August 28, 2009 Share Posted August 28, 2009 three and a bit percent gross. entirely typical for that sort of family place. talk about an investment opportuniteh. Quote Link to comment Share on other sites More sharing options...
wealthy Posted August 28, 2009 Share Posted August 28, 2009 Capital gains at 1.7% a month remember, this time next year it will be worth 600K instead of 500K Quote Link to comment Share on other sites More sharing options...
repetitive bleats Posted August 28, 2009 Author Share Posted August 28, 2009 three and a bit percent gross. entirely typical for that sort of family place. talk about an investment opportuniteh. just working it out in very simple terms. with a 100% mortgage at 5% (assuming i could get one) i could 'buy' this on an interest only mortgage for £2090pm and rent it out for £1600pm. obviously i'd need to pay for the upkeep and would be hit by any further house price reductions but for the pleasure of spending only £500pm for putting a roof over someone's head it would be a small price to pay surely. Quote Link to comment Share on other sites More sharing options...
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