Buy to lets again....

Status
Not open for further replies.
I

Icarebecauseyoudo

Guest
Anything ideas for a reasonable yield in the north east or cleveland?

No scratters, budget up to about 85k
 


If it's all about the yield, spend less and take your chances on dss tenants.

If not, then best bet is probably a semi on a (mostly) former local authority estate in a decent area.
 
If it's all about the yield, spend less and take your chances on dss tenants.

If not, then best bet is probably a semi on a (mostly) former local authority estate in a decent area.
7-8% would be quite enough

Buying in the north east I'm more sensitive that an area could go suddenly tits up. Plenty of diversified work around Durham and Teesside to keep things ticking over
 
It's the mecca of the North East, Easington.

Pay no attention to the delapidated, rat infested, burnt-out school. Think not of the 2-takaway-outlets-per head of population. Look not, upon the abandoned highstreet. Easington is the place to be.
 
Got a place that could offer you 7% on that budget, a flat near a business park, never had a month without rent in 8 years. Extended lease, furnished and a sitting tenant.

It's in Sunderland, let me know if interested, threat of redundancy means I'm trying to de-risk.
 
Status
Not open for further replies.

Back
Top