Wednesday, 3 December 2014

Warrington Town Centre Flat 6.6% yield

Afternoon property hunters, I haven't seen one of these flats come to the market for a while, so thought I would put it out there as it seems to be quite a good deal.

Close to the town Centre, ideal for the commuting market and also coming with a parking space, to me, this should not be sniffed at. On the market for £80,000 with a local agent, I would recommend that you get yourself a viewing booked before you miss out.

These properties rent out for around £500 at the moment, so if you do your sums, you would be looking at an annual return of around 6.6%

This flat may not be as swanky as some of the flats in warrington, but it's also not as expensive as them. You can get yourself a decent City centre investment property without breaking the bank!

Dont forget them service charges/ground rent. There may be room to negotiate on this particular one.

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