Well, it’s not very often that I can show you a property with this high a yield. Writtle is a popular spot as it offers the village life style within a relatively short distance of the City lights!
This 1 bedroom apartment seems nice enough & looks to be a decent size and is on the market for offers in excess of £100,000. Even if you paid £105,000 for it, you could still potentially get a 7.1% annual return. This is based on achieving a rental figure in the region of £625 pcm, which is pretty realistic. Not bad eh?
Properties with this high a yield potential do not come to the market very often, so if I were you, I would get me down to that agent and get yourself a viewing!
If you would like any advice on where to buy (or not as the case may be), pop in fora chat in our office on Duke Street
