This first floor apartment is on the market with Adams at £117,500. It will let for £575.00 PCM and that equates to a yield of 5.8%. There will be some service charges so these will need to be factored into your figures.
This is what Adams have to say: A modern, first floor two bedroom apartment. Available with no onward chain and in good decorative order throughout, this spacious apartment offers a central hall, large living room. Two double bedrooms, full bathroom and modern fitted kitchen. An excellent investment or first time buyer opportunity.
I agree that this could be a good investment opportunity. We let and manage a lot of flats on this development and they are always in demand, appealing to professionals who work locally.
If you would like advice on this or any other property, please do contact me on neil.west@belvoir.co.uk
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