Friday, 20 June 2014

2 Bed Flat Cheltenham - Good investment property 5.7% Yield




Just spotted this 2 bed flat on the market with Perry Bishop. I say that this could be a great investment buy - On the market for £115000 and should rent for £550 minimum - That's  a 5.7 % yield . 

They Say: 
Description This purpose built ground floor flat with solid wall construction, offers two double bedrooms and is generally well proportioned throughout. The bathroom has been refitted to now provide a double size shower cubicle and separate wc. Considerable investment has been made with double glazing and gas central heating and the property is now ready for further refurbishment. An ideal first time buy or downsize, the property is offered with no onward chain. Furthermore there is an en bloc garage and communal gardens. 

amenities Set in a leafy cul de sac, the property is nonetheless close to various amenities with a choice of supermarkets, a regular bus route and the town can be found within 1 mile. The property is also well placed for access northbound at junction 10 and both north and south from junction 11. Furthermore, the railway station is approximately 1/2 mile away.  

Check out the link for more details and don't forget to ask about  length of lease and maintenance charges

http://www.zoopla.co.uk/for-sale/details/30640528

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