Just putting this property out there for any one who is interested in buy to let. This City centre apartment is beautiful, almost like a brand new property! Just come on the market for £170k, this apartment will not hang around for long. (check out the internals!)
We rented a very similar property in the block recently for £775 pcm. Based on these figures, you would get a yield of 5.4%, which for a City centre property is pretty amazing!.
Of course, when doing your sums, rmember that most apartment blocks will be subject to ground rent & services charges, so make sure you factor this in, when working everything out.
If you wants some advice on this, drop me a line. 01245 330500 stephen.frost@martinco.com
