Warrington apartment gives Instant 8.1% yield

This is an opportunity where you can get quite a large apartment for a decent sum of money. Located in Great Sankey, this 2 bed apartment has been updated quite considerably and would make quite a nice investment property.

It has come to the market with Fast Move Properties for £81,500 and you would be looking to achieve around £550 rental for this type of property in this condition. The bonus is there is already a tenant in the property so the when you work out all the figures, you are looking at an annual return of 8.1%, not taking into account any service charges or ground rent which may be due, however you won't be facing a void.

It is a little bit further out of the town centre, and may not necessarily be an area that comes straight to mind when thinking about buying an investment property in Warrington, but it's not all about the city centre. This property would attract a slightly different tenant, someone who wants a bit more of a quiet life as opposed to the hustle and bustle of the town centre.

View Property Here

If you have any questions about buying to let, feel free to e-mail me on tpatel@hamlethomesproperty.co.uk