Wednesday, 4 June 2014

Needs Lots of Work Investment Bargain - Top Floor Flat (+9% Gross Yield)

This top floor flat in Ashbrooke is for sale at a bargain £34,950

It needs a full redecoration & new flooring and a new kitchen and bathroom so I would add a further £15k ontop of the asking price (with lots of competition for similar flats in the area it will need to be done to a very good standard to attract a Good Tenant)

Once the work is complete, and assuming the rest of the building is in good condition, it should achieve £395pcm returning 9.4% Gross Yield

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

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