This property is advertised at the market rate (it's not Below Market Value), but is a staple rental property that has been pretty much constantly tenanted @ £575PCM for the 5 years we've had it on our books. It is sold with the current tenant in situ, and with a 12 month rental guarantee at £575PCM from ourselves, giving a yield of 6.7%. A very safe bet for a risk averse investor who doesn't want a property that requires a maintenance spend.
Purchase price of £105,000. It is a 2 bed ground floor apartment in Kingsley, built in 2004, and in good condition internally.
Purchase price of £105,000. It is a 2 bed ground floor apartment in Kingsley, built in 2004, and in good condition internally.
