This Friday I have another potential leasehold property for you. The property is on the market with PURPLE BRICKS, see what they have to say about it:
“Set on the outskirts of the town centre this top floor flat is offered with no onward chain. The accommodation comprises entrance hall with entry phone, open plan lounge and kitchen with breakfast bar, two bedrooms with built in wardrobes to the master and a bathroom.
Outside there is communal parking with an allocated parking space.
Further benefits include uPVC double glazing. ”
The property is in a rental condition however I would consider giving it a new bathroom to make it more appealing to the renal market. You shouldn’t need to spend any more than £2,000 on the bathroom.
That means you could be all in on these two bedrooms flat, for £122,000.
If you was to achieve £675 pcm on this, you could achieve a yield of 6.6%.
Please be aware that there always service charges, ground rent and lease information to be considered before purchase.
Use link below If you like the look of the investment opportunity: