We may have something coming up at Blackwood Avenue, Rugby - a 1 bed apartment with tenant in situ at £450 per month.
Purchase Price
|
£55,000
|
Headline Return
|
9.8%
|
Rent
|
£450.00
|
Return After Lease Charges
|
8.0%
|
Note : 67 years on the lease, so needs to be a cash purchase - no mortgages.
Blackwood Avenue isn't going to win any beauty awards, but is very rentable to decent tenants. If you're investing in Rugby on a budget and want a decent return, I challenge you to find better! The flat is in decent order and needs no immediate expenditure.
Enquiries to me please - I'm hoping £55k may be do-able on this but can't guarantee that at this stage.
