Purchase Price
|
£125,000
|
Headline Return
|
6.0%
|
Rent
|
£625.00
|
Return after Lease Charges
|
5.0%
|
We're about to be instructed on this - a 2 bed top floor apartment - built less than 10 years ago and tenanted at £625 per month. We've rented it for the owner for the last few years and void periods have been close to zero - tenant quality in this area is also very good. If you're after modern apartments and want a good area too, this is the type of thing you should be considering. It will be advertised at £130,000 but I'm told that £125,000 may be feasible.
richard.baker@belvoir.co.uk if interested.