June 17, 2016
5.8% Yield – Not Bad
Nearly the end of the week guys!
I have spotted this property on the rightmove portal and thought it would be worth a mention.
The property is presented in excellent condition offering 2 bedrooms. Top floor flat offering great views and is situated in a very convenient location. Good links to the motor network and bus routes into city centre.
We have rented many properties like these and for a 2 bedroom property they range from £700 to £725PCM
The asking price for this apartment is £150,000 which I think is very reasonable. If you look at the numbers,, you would be looking at a yield of 5.8%, annually.
If you are interested in buying a property for buy to let, but aren’t sure where to start, I would be happy to give you some pointers. My number is 01392 435 130.