Monday, July 11, 2016

2 bed flat for £100,000 - 6.3% potential yield

Unlike modern apartment blocks this flat 2 bed flat looks to be part of a development of 2 properties. The lease has been applied for 999 years and the development should have low leasehold costs - something to consider as this can really affect the yield of a buy to let property.

It is on the market for £100,000 and should see a rental income of £525 pcm at least. It is in a popular area and the flat has parking - definitely worth consideration...

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