You can now get the latest rental prices for 1, 2, 3 & 4 beds in every town and city in the UK by the click of a mouse.
The average asking prices are displayed for each size of property and then below are the top 5 cheapest flats and houses for sale.
Now the real neat thing is you can see from an instant whether a town or city is worth investing in as you will get an idea of the yield. A good yield is 12%. The easy way to see if a property is a 12% yield is if you knock off the 2 zeros of the asking price and this should be what it should rent for.
So for example if you see the average rental price for a 2 bed it £500 and you see below that 2 bed properties cost £50,000 then BINGO, you have found a good investment. You can really click, discover and invest!
So have a surf around and see if you can find any hotspots. There are over 1,200 towns and cities in the UK (did you know that?). Each page is updated automatically to reflect the latest figures and properties.
Also there is a forum for each town and city so you can network with other property hunters right down to the local level. So forget travelling to various network meetings as now you can do it from the comfort of your desk, living room, beach or wherever else you surf the net!
Posted on: 17th Mar 2010