December 16, 2016
substantial potential yield from this one bedroom flat
A one bedroom first floor apartment has just come to the market with Julian Wadden for £79,950.
Offering well balances accommodation the expected rental return would be in the region of £500, which based on the asking price is a yield of 7.5%. This is well above the average yield in the area. Those investors looking upto £150,000 could well consider purchasing this apartment as well as another and spreading their risk, whilst also maximising yield. I’m more than happy to discuss this further with anyone seeking some guidance or advice.
I don’t envisage this apartment being on the market for any length of time so do get in touch in good time.