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Market Place => Jumble Sale => Topic started by: Betty on May 06, 2013, 09:46 PM

Title: 2 bed terraced house
Post by: Betty on May 06, 2013, 09:46 PM: Might be worth a try on ere :LolLolLolLol:

It's in Darwen Lancs, my old house, it's been rented out for the last 5 years now in need of some cosmetic attention (i'm on with it)

2 bedrooms, 2 living rooms

Gas CH, double glazed, alarmed

On the market at Â£59,995 open to offers :daumenhoch:

It'll bring in Â£400-Â£450 rent pcm

(http://www.radbmx.co.uk/archive/albums/m48/markw33/750073DF-42F7-4A99-987D-E610B5C52C20-6004-00000921C5014809_zpsf075bfb0.jpg) (http://s101.photobucket.com/user/markw33/media/750073DF-42F7-4A99-987D-E610B5C52C20-6004-00000921C5014809_zpsf075bfb0.jpg.html)

Collection only no postage ;D
Title: Re: 2 bed terraced house
Post by: HUTCHMAN on May 06, 2013, 09:53 PM: how much??? my house is pretty much the same....goes for £250-300,000 shows how much things differ area to area. :shocked:
Title: Re: 2 bed terraced house
Post by: Betty on May 06, 2013, 10:13 PM: Quote from: HUTCHMAN on May 06, 2013, 09:53 PM
how much??? my house is pretty much the same....goes for £250-300,000 shows how much things differ area to area. :shocked:

I wish i could pick it up and move it ;D
Title: Re: 2 bed terraced house
Post by: GavinDavis on May 06, 2013, 10:26 PM: Thats a bargain! :daumenhoch:
Title: Re: 2 bed terraced house
Post by: jT Racing on May 06, 2013, 10:42 PM: What street is that?
Funny time to be getting out of letting ???
Title: Re: 2 bed terraced house
Post by: hunterdubber on May 06, 2013, 10:50 PM: Can't believe you're going to sell the "safety net" :angel: ,Mark :shocked:

It's either Preston or Snape St ,,, John :)
Title: Re: 2 bed terraced house
Post by: Moose on May 06, 2013, 11:24 PM: Did you say a monkey? It'a worth a monkey of anyone's money even if the roof hasn't been put on square :LolLolLolLol:
Title: Re: 2 bed terraced house
Post by: Betty on May 06, 2013, 11:28 PM: Quote from: J.T Racing on May 06, 2013, 10:42 PM
What street is that?
Funny time to be getting out of letting ???

Cavendish street

Quote from: Hunterdubber on May 06, 2013, 10:50 PM

It's either Preston or Snape St ,,, John :)

Close ;)
Title: Re: 2 bed terraced house
Post by: Bob_Acid on May 07, 2013, 01:05 AM: Do the drunks still bang on the window on their way home from the pub?
Title: Re: 2 bed terraced house
Post by: stuntmaster on May 07, 2013, 07:13 AM: be lucky to get a garage for that price where i live
Title: Re: 2 bed terraced house
Post by: BMX1973 on May 07, 2013, 10:19 PM: 60K and £400 a month thats 8% Yield :shocked: better than a bank.

Out of interest why are you getting out the buy-to-let market?
Title: Re: 2 bed terraced house
Post by: Betty on May 07, 2013, 10:39 PM: Quote from: BMX1973 on May 07, 2013, 10:19 PM
60K and £400 a month thats 8% Yield :shocked: better than a bank.

Out of interest why are you getting out the buy-to-let market?

I bought it 10 years ago so it brings in more than 8% :-X

If it sells i can pay off the mortgage on the one we live in

If it doesn't go i'll just rent it out again
Title: Re: 2 bed terraced house
Post by: leehunt1 on May 07, 2013, 10:45 PM: Quote from: BMX1973 on May 07, 2013, 10:19 PM
60K and £400 a month thats 8% Yield :shocked: better than a bank.

Out of interest why are you getting out the buy-to-let market?

how do you work out the yield..?
I just bought a house for 64K with a tenant paying £520
Title: Re: 2 bed terraced house
Post by: BMX1973 on May 08, 2013, 08:59 AM: £520 pcm x 12 months = £6240

£6240 divide by £64000 = 0.0975

0.0975 x 100 = 9.75% Yield

Quote from: leehunt1 on May 07, 2013, 10:45 PM
Quote from: BMX1973 on May 07, 2013, 10:19 PM
60K and £400 a month thats 8% Yield :shocked: better than a bank.
Out of interest why are you getting out the buy-to-let market?

how do you work out the yield..?
I just bought a house for 64K with a tenant paying £520
Title: Re: 2 bed terraced house
Post by: leehunt1 on May 08, 2013, 05:36 PM: not bad then
cheers pal :daumenhoch:
Title: Re: 2 bed terraced house
Post by: BMX1973 on May 08, 2013, 05:51 PM: :)
Quote from: leehunt1 on May 08, 2013, 05:36 PM
not bad then
cheers pal :daumenhoch: