Exeter Property Blog: Want 41% higher yield than the Exeter average?

This blog is your one stop guide to the property market in Exeter from local Exeter Property Experts. You will find tips and advice on buying an investment property in Exeter, best buy properties, Exeter property market analysis, Exeter property news plus much more. If you would like any advice or are considering purchasing an investment property in Exeter, we are happy to offer a second opinion. As an Exeter Estate Agent and Exeter Letting Agent we are well placed to provide accurate and up-to-date advice on all your property needs.

Thursday, 22 May 2014

Want 41% higher yield than the Exeter average?

Following on from my previous post about capital growth throughout Exeter, I thought I should share this property to show an example of what is available at the middle of the range.

The property is currently achieving £685pcm and has been for some time, there could be some scope to push this a bit higher. If the property is purchased at the full asking price, this would give a gross yield of 5.5%. This is a pretty good yield I'm sure you will agree?

If you do not agree, you may find it interesting to learn the average yield for a property in Exeter is approximately 3.9%. Working this out in % terms, this property then has around a 41% higher yield than the average property in Exeter!

Now that's not bad! Follow the link below for more photo's of the property.

http://www.martinco.com/for-sale/property/168749

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Welcome to our page. By way of introduction, I am Chris Perring, Managing Director of Martin & Co Exeter.

I am a residential landlord with over 30 years’experience of managing my own properties and using letting agents, most of whom provided a less than impressive service. I purchased Martin & Co Exeter in February 2012 and since then have invested heavily in the latest technology and staff to ensure we can provide a fast and very efficient service to all our customers.

Since February 2012 we have expanded to include student lettings and have already established an excellent track record in speedy and successful lets against a trend of oversupply. We have developed a particular expertise in selling investment properties and are now one of the go-to Exeter estate agents.

Due to the resulting expansion in business we have now relocated to much larger brighter premises in South Street. Having worked in a number of very different markets and locations throughout South Devon, we give sellers and landlords valuable insight into the local market and national trends helping them to make the most of their biggest asset, which is why we are one of Exeter's lead letting agents.

Whether you are looking for a genuinely knowledgeable sales market appraisal, up to the minute investment purchase advice, a lettings appraisal backed up by sound practical advice or just general market information, we welcome all property enthusiasts to contact us for a confidential discussion.

If you would like to discuss our blog or your personal circumstances in more detail please contact our office on 01392 254488 or exetersales@martinco.com.