Monday, 20 October 2014

High Rise Lakeside Village Flat with High Yields (+9%)

This 2 bedroom, 12th floor flat in Lakeside Village looks to be in a decent condition and offers the chance to make great returns

The Gentoo-managed blocks are popular with more mature tenants and this property looks to require only minor cosmetic improvements to maximise its letting appeal

It's priced at OIRO £59,950 and will easily rent at £450pcm (there's actually a 15th floor flat in a nearby Tower being advertised at £500pcm...but in our experience that's very ambitious) so based on our figures will return 9.0% Gross Yield

Being leasehold there will be a service charge to consider

Click here for details

Call us on 0191 567 8577 or email for more information

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