Monday, 7 July 2014

'Ready to Let' Moorside Flat (6.3% Gross Yield)

For those investors not wanting to go down the ex-council semi route, Moorside flats offer a steady return of around 6.0 - 6.5% Gross Yield and given the location close to Doxford International Business Park there's never any shortage of working tenants

Our experience is that gas central heating makes a big difference, not only in tenant interest but also in the achievable rent, with a ceiling on what can be achieved without it

This 2 bedroom first floor flat has gas central heating and looks to be in great condition so it is 'Ready to Let'

At £95,000 the price is at the upper end of what Moorside flats tend to go for, but given the condition and the GCH it will command the higher end of the achievable rents at £495pcm, returning 6.3% Gross Yield

Click here for details 

Call us on 0191 567 8577 or email for more information

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