Tag: deal of the day

Deal of the Day – Glastonbury – 24th April 2015

Have a look at this property that has just come to the market at an asking price of £128,950.

 Things we like about this property are:

  • The open plan kitchen/diner/lounge

  • Central location – hop skip and a jump to the market cross

  • EPC rating B nice!

  • Gas central heating and UPVC DG

  • Gated entry

Not sure about the estate agent’s claims that it has two double bedrooms (treat this with a huge grain of salt unless you can verify this!) but I think you could easily get £585-£595 PCM for this returning you a decent 5.4%-5.5% gross yield.

The property is on the market with Tor Estates and more details can be found 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

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

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