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
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
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