Monday, 6 July 2015
Another Thanet property property to the auctions
Just saw this property on rightmove. Its in Glencoe Road, a popular road next to Dane Park. Its up for auction so not for the inexperienced property buyer.The guide price is £100,000. Houses in Glencoe sell for around £160,000. This house will rent easily for £750.00 per month. That is a yield of 5.6%.
You never know at auction on a slow day you might get it below £160,000, improving the yield.
Its up for auction on 22nd July.
Right move link below.