Back on October 23rd, we talked about a nice little 1 bed flat above quiet shops on Newport Pagnell High Street, and we said at the time that it had the potential to return a 6.8% yield.
Now, just 1 month later, the property has sold and been a let agreed with a new tenant for £640 PCM, so we were spot on with our rental assessment, and here is what we said at the time:
"This is a lovely little 1 bed flat on the High Street, finished to a modern style and in neutral colours with all the works having been attended to, so it could be ready to go onto the rental market straight away.
Offered for sale at £115k, this would likely achieve a rent today of around £625-650 PCM, giving a potential gross yield of 6.8% and with apparently very low service charges. This would appeal to a young professional looking to live in the heart of this market town, and would be a great starting point for the novice investor, as the financial exposure is reasonable and the standard of the property looks like it would need virtually no work doing to it."
So if YOU want to be the first to know about what would make a great Buy To Let investment that is currently available, either on the open market or via our own sources (landlord to landlord sales etc), call us now on 01908 562582 to have your name put on our Premier Investor list, visit us at our offices on London Road in Stony Stratford, or send me an email.
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