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

Call us on 0191 567 8577 or email for more information

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