This particular 2 bedroom apartment is on the market for £64,950, expected rent on this is around £450. That will give you a yield of 8.3% however the local skip is close by and plans are in process for it to be moved which will happen over the next 3 years, once that moves the property values will rocket as well as the rent so be expecting massive capital growth with great yields, Dont hesitate and arrange a viewing, there is a lot of activity on the market even after the festive period, this will not be on the market long.
If you would like any advice on buying to let, give me a call, or pop into my office on Crosfield street for a chat and a cuppa, or drop me an email on tpatel@hamlethomesproperty.co.uk
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