This 2 bedroom, first floor Moorside flat looks to have been recently refurbished to a good modern standard, so it will be popular with a range of tenants, given it's location close to Doxford International
It's on the market for a reduced price of £80,000 and based on £450pcm rent will return 6.75% Gross Yield
It's worth considering that in my opinion the achievable rent is limited to £450pcm as it appears to just have the original electric heating
Investors planning for the long term would be advised to consider installing Gas Central Heating - we know from experience of managing several similar properties in the area that this will significantly increase interest and also the achievable rent, so may well be worth the additional expense
Given the good condition of the flat, with GCH it's likely that it could achieve £475 or even £495pcm
Click here for details http://www.zoopla.co.uk/for-sale/details/35146571?tmad=c&tmcampid=35&utm_campaign=buy-alert&utm_content=contact-type-listing&utm_medium=email&utm_source=alert#MApyohQoMfAUDXPQ.97
You'll see it's being sold by the vendor using an online agent...make of that what you will...
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