Wednesday, 4 February 2015

Attractive Ground Floor Moorside Flat (+7.1% Gross Yield)

This 2 bedroom ground floor Moorside flat is decorated to a very good standard throughout with a high quality kitchen and bathroom, enclosed rear garden and garage in a separate block


The location means it will be popular with a range of tenants, especially those working at the nearby Doxford International business park

The only downside is electric storage heating - in our experience that will limit the achievable rent to around £450pcm which based on the £76,000 asking price will return 7.1% Gross Yield


Spend a little more to install gas central heating and it is possible to achieve £495pcm, which may make a lot of financial sense in the long run

Click here for details https://www.onthemarket.com/details/1089735/?utm_source=property_alert&utm_medium=email

Call us on 0191 567 8577 or email neil.whitfield@belvoirlettings.com for more information

No comments:

Post a comment