Reeds Rains are offering for sale, this modern, two bedroom
Apartment for £95,000. It’s located close
to Keele University and also bus routes in to Newcastle and comes with an
allocated parking space. The best of it
is, it’s being sold with Tenants in situ!
Now, I don’t know what the monthly rent currently being paid
on the property is, or how long the tenancy is for, however; I do know that we
Let a very similar apartment in the same block and with an asking price of
£95,000, an investor should be looking to achieve a yield of 6.5% to 7.5%! You can do the maths!
Bear in mind that there will be Ground Rent and Service
Charges to factor in, nonetheless, this property may just be worth a further
look or a quick call to the Agent......
https://www.rightmove.co.uk/property-for-sale/property-69221810.html
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