How much rent can you expect to pay for a property in Glastonbury?
A quick look at the data for the 6 months to 30th June 2015 gives us the answer:
•1 Bedroom ~ £465 PCM
•2 Bedrooms ~ £595 PCM
•3 Bedrooms ~ £750 PCM
•4 Bedrooms ~ £917 PCM
•Detached ~ £950 PCM
•Semi-Detached ~ £725 PCM
•Terraced ~ £625 PCM
•Flats ~ £525 PCM
Not much worth discussing from an investment perspective has come to the market this week, perhaps everyone is at the festival. We featured this property a few weeks ago…
The price has been dropped £5000 this week so at an asking price of £179,950 and a rental income of around £785 per calendar month this will give you 5.3% return.
If you do consider buying this one can you remind the Street based agent that Street is not a town it is a village!
The agent also recommends a early viewing which we assume means before 0900 in the morning.
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