HMOs vs flats: which gets the best yield in Medway?
You may have seen my recent post about the continued rise in Medway property prices. In that article we found that three-bed terraced houses are the most abundant type of property locally available. So does this mean they are the best bet for an investment, or are there other options? Well, in other posts I […]
Medway property outperforms rest of country
Last week, you may have seen that the British Bankers Association (BBA) said that mortgage approvals have fallen to an 18-month low, suggesting that the housing market will slow for the rest of the year. Overall the BBA said that house purchase approvals fell 19% year-on-year to 37,622 in July, down 5.4% from the 39,763 […]
AUCTION CAUTION and 6% Yield INVESTOR ALERT
Today’s Medway Property News blog post is about a new buy-to-let deal in Gillingham. The Sidney Road property only came onto the Medway property market on Friday and has a guide price of £145,000. http://www.rightmove.co.uk/property-for-sale/property-53828479.html If you were to consider taking it on as a single-let, this property could fetch £800 per month. I would […]
