These apartments are very popular with tenants, just seen it come to the market on Rightmove so thought I would put it out there for you all to have a look at.
As they have been fairly recently built, they are low maintenance, there shouldn’t be much that will go wrong with them. the perfect buy to let, you can literally ‘Buy’ it and then ‘Let’ it. Nothing will be needed to do to it to get it ‘let’ ready. On the market for £190,000, which is cheaper than a city centre apartment in Chelmsford. You would expect to rent this out in the region of £950 pcm. Based on these figures you are looking at a gross yield of 6%. Not to be sniffed at!
for information on where you should be buying you investment property (or not be), drop me an email at stephen.frost@martinco.com
