Monday, 19 May 2014

'Needs Work' Bargain 1 Bedroom Flat (9.8% Gross Yield)

We know that 1 bedroom flats in this block & similar developments will be popular - this one needs work but that's reflected in the £32,500 knock-down price

Realistically, it looks like it could benefit from work to address a damp problem (and following this redecoration throughout) and the kitchen and bathroom could also be improved - building in a generous £10k for this it would still return 9.8% Gross Yield based on a total investment of £42,500 and £350pcm achievable rent

Please call us on 0191 567 8577 or email neil.whitfield@belvoirlettings.com for more information

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