A great one for the bargain hunters - this is a 1 bed flat in Far Cotton that we've had tenanted for a number of years. It's a nice little place and rents well at £500PCM.
Although it's a leasehold, there's no service charge and the ground rent is a nominal £10 per annum - so effectively it's a freehold property. It's also well positioned on the edge of the town centre and tends to attract a slightly older tenant as a result.
richard.baker@belvoir.co.uk if you're interested. Viewings this Saturday with luck!
Purchase Price
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£95,000
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Headline Return
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6.3%
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Rent
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£500.00
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Lease
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110 years
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richard.baker@belvoir.co.uk if you're interested. Viewings this Saturday with luck!