It's been a decent week for properties with attractive yields and here's another relatively inexpensive one that comes in at around 6% after charges.
It's a 1 bed on Collyweston Road, NN3 - a self contained apartment with its own private entrance. We've had it managed for a number of years and a new tenant will soon be going in at £525 per month meaning there's an opportunity here to buy with tenant in situ. It needs very little spending on it - it's pretty much fine as it is.
The owner wants £100k for it, and advises the lease has 97 years on it, and annual charges are just under £500.
Pictures below. Email me quickly if interested. richard.baker@belvoir.co.uk
It's a 1 bed on Collyweston Road, NN3 - a self contained apartment with its own private entrance. We've had it managed for a number of years and a new tenant will soon be going in at £525 per month meaning there's an opportunity here to buy with tenant in situ. It needs very little spending on it - it's pretty much fine as it is.
The owner wants £100k for it, and advises the lease has 97 years on it, and annual charges are just under £500.
Pictures below. Email me quickly if interested. richard.baker@belvoir.co.uk
