Our client managed to purchase this property for £80,000 in a prime, up-and-coming area.
Standard rental for this property should be £550 PCM.
Due to the popular location and our database of eager tenants looking to move, we proposed testing the market at almost 20% above market value.
A tenant was sourced within 10 days, agreeing to pay the full £650 PCM.
This landlord was delighted with the help and advice offered by Vanilla Square, and is safely sitting on an investment with a current yield of almost 10%.
