If you're budget is around £100k, you're not fishing in a very big pond, so a property such as this will be of interest.
It's a 2 bed apartment - will sell at £106k, and it's tenanted already at £625pcm which is a sensible price for a property like this. Good location - on the outskirts of the town centre - so very rentable. About 110 years on the lease and all in charges of £1400 per annum which means a return AFTER charges of 5.8% - about as good as you'll get at a purchase price of £100k and certainly better than anything freehold at the moment. It's in Darenth Court, NN1.
We are viewing on this tomorrow (Saturday) and if I was a gambling man I'd suggest we'll sell it then! email richard.baker@belvoir.co.uk if interested.
We are viewing on this tomorrow (Saturday) and if I was a gambling man I'd suggest we'll sell it then! email richard.baker@belvoir.co.uk if interested.
