5.3% return on this 3 bed house in Ilkley
This 3 bedroom semi detached house on with Lindley & Simpson Ilkley caught my eye this morning and thought it would be worth a mention. It’s located on the popular Hauxley Court development just on the edge of Ilkley Town Centre, ideal for families trying to move there for the local schooling and excellent local facilities.
Set over 3 floors this particular one looks as though it has been well looked after. We have rented properties like this, in this area for the £850 pcm mark, which when you compare it against the current asking price of £190,000 could generate a yield of 5.3%.
The lettings market at the moment is really lacking in the 3 bed sector, so you can’t go far wrong by purchasing a 3 bed, there is no shortage of potential tenants at the moment!