In the last couple of days, I’ve spotted this modern 2 bedroom apartment come to Rightmove. These apartments always rent really well as they offer great size accommodation and easy access to main road links. Click on the link below for more details.
http://www.rightmove.co.uk/property-for-sale/property-47313419.html
This one has come on the market for £198,950 and you would look to achieve rent in the region of £850 pcm. based on these figures and not taking into account a discount off the asking price, you are looking at a gross yield of 5.1%.
You will need to take into account service charges & ground rent when you are doing your sums, as this property is leasehold.
If you have any questions at all, please give me a call, or pop me an e-mail over to stephen.frost@martinco.com
