Saturday, 16 June 2018

Solid Leasehold Investment Prospect


This 2 bedroom Apartment is located in the sought after residential development of Norton Heights.  Within easy reach by car, of Hanley and Festival Park, apartments in Norton Heights tend to attract professional people, combined with the houses, gives the area a ‘safe’ & ‘family’ feel.
 

I’m often asked’ “how do you spot good investment opportunities?”  The simple answer is experience!  Martin & Co, now have well in excess of 500 fully managed properties & well over 750 properties that we market and find Tenants for, thus giving us a great insight into the rental market throughout Stoke on Trent.  We currently have similar 2 bedroom apartments in Norton Heights, easily renting for £495pcm; so with an asking price of £95,000, this property should achieve an annual return of approximately 6.25%.   Please note, there will be Groundrent & Service charges applicable.


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