This three bed property in North Row Warminster was listed by Move Estate Agents about 4 weeks ago, and I have to say for any potential landlords this could pose and interesting option. It's close to town in a good location and looks to be very nicely presented. I appreciate that the lack of parking and outside space may have a limited market, however as I have discussed in previous articles tenant demand for two and three bedroom properties is high, and with yield being key this could achieve the magic 5%.
If this property were to achieve £700PCM and based on full asking price being paid it would represent a 5.09% yield. With the house price growth we've seen in in the last 18 months achieving over 5% is certainly more of a challenge and ultimately is likely to effect rents (but that a subject for another time).
I will certainly be watching this one with interest. You can view the full listing on Rightmove here
