Modern Apartment in SR2 (Potential for 7.9% Gross Yield)...Worth a Look!

We featured a similar apartment in this block in January and this one, which is new to the market today, is also worthy of consideration

We've rented an apartment here at £495pcm in recent months so based on the £75k asking price it will deliver 7.9% Gross Yield - I would factor in a little extra for decoration & new carpets but £2,000 should do it

You should base your purchase decision on the likely yield but given this sold at the 2007 peak for £115,000 there is clearly scope for capital growth once the sales market picks up & prices rally

 

For more information please call 0191 567 8577 or email neil.whitfield@belvoirlettings.com