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 http://www.zoopla.co.uk/for-sale/details/34857872?tmad=c&tmcampid=35&utm_campaign=buy-alert&utm_content=contact-type-listing&utm_medium=email&utm_source=alert#LPtWFVsi1gcEu4Yj.97
Call us on 0191 567 8577 or email neil.whitfield@belvoirlettings.com for more information
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