Friday, 15 April 2016

Modern flat in Loughborugh that will always rent

This modern 2 bed apartment on the popular Limetree Grove development in Loughborough could be a great buy for a new or seasoned landlord. I know from experience these rent very well with minimal void periods and will give you a good yield and on top of that should be relatively inexpensive to maintain.

This one is on the market with Andrew Granger for £105k and seems to have a tenant in situ paying £550 per month. This gives you a 6.3% gross yield and even when you deduct the service charge costs achieves a 5.3% yield which is a good return for your money.

If you are interested in talking about buy-to-let investments or want a second opinion on any other properties you have seen, please feel free to contact me by phone or email.

http://www.rightmove.co.uk/property-for-sale/property-58911338.html


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