High yield flat for sale in central Loughborough

This flat is on Victoria Street, close to the Grammar School and the town centre. It has two double bedrooms and would be ideal for an investor. I think you should achieve a minimum of £500 a month in rental income, making this a gross yield of 7.5%. Although it is leasehold, there is a long term remaining and even deducting the service charge, you would have a gross yield still of around 6.5%. It is on the market with Hartleys and I think it is definitely worth looking at.

http://www.rightmove.co.uk/property-for-sale/property-43468944.html

If you would like to chat about this or want a second opinion on any other properties you have seen then feel free to call me on 01509 260777 or email me at james.loughborough@belvoir.co.uk