I'm looking to buy an investment property but know margins are thin. I'm looking to identify the up and coming areas close to train stations where yields (ie: rental income vs cost off property) cover the cost of financing the property.
Answer:
Couldn't say, contact a few estate agents in the area and have a word with them, they're likely to know the answer or where you can find the answer.
There are no best rental yields. Its cr..p. It depends entrely upon the deal & whether you can do anyting to th eproperty to increase the rental yield. Thames Valley is tough unless you buy for a good price & add value.
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