Month: March 2015

Deal of the Day – Glastonbury giving 5.5%+ Yield

This property has just returned to the market at £139950 having been previously SOLD.

This coach house is in a quiet cul-de-sac on Willow Place at Dunstan Park and just 1.5 miles from the centre of Glastonbury and looks in immaculate condition. No garden but does have a garage and 3 parking spaces (officially 2 but one parking space is very wide).

Expect to achieve rent of at least £625 pcm and possibly £650 pcm for this property and expect to let it very quickly. Even at the lower rent and the full asking price you will be getting more than 5% yield and at a higher rent and something off the asking price you could approach 6% on this one.

Another similar coach house round the corner in Godney Close is on the market for £10K more though the one in Godney Close does have a small garden though arguably not as much parking space and not presented to the same standard.

My thoughts are that this will go quickly.

More details here

About Tom Morgan

Founder of Jungle Property the multi award-winning letting agent based in Glastonbury, Somerset. I am passionate about property and Glastonbury and about providing the very best advice to anyone who wants the best return on a buy-to-let property investment. For an open and brutally honest opinion on anything in the Glastonbury property market please contact me via tom.morgan@jungleproperty.co.uk

Which Glastonbury streets have had the biggest capital growth?

A look at the latest Land Registry Price Paid data reveals which streets in Glastonbury have seen the biggest capital growth in the last 10 years. The streets around the town centre seem to have faired best as do those with views over the Brue….

Manor House Road 73%
George Street 41%
Tor View Avenue 25%
Pendragon Park 23%
Roman Way 22%

Meanwhile in neighbouring Street…

Vestry Road a whooping 144%
Jubilee Road 35%
West End 33%
Gould Close 30%
Silver Road 28%

About Tom Morgan

Founder of Jungle Property the multi award-winning letting agent based in Glastonbury, Somerset. I am passionate about property and Glastonbury and about providing the very best advice to anyone who wants the best return on a buy-to-let property investment. For an open and brutally honest opinion on anything in the Glastonbury property market please contact me via tom.morgan@jungleproperty.co.uk

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