This is a tidy, compact 1 bed apartment on the 1st floor (top) of a small block at the end of a quiet street, not overlooked and situated on a modern and popular residential estate close to excellent road links and shopping facilities.
On the market today at a whisker under £123k with no upper chain, we have a few of these properties in these blocks on our books, and the last one we rented out for £590 PCM just a few months ago, this would show a yield of around 5.8% gross which is pretty good for a property with little to do, little to go wrong and one that would appeal to the vast entry level market. Perhaps you could upgrade the heating to something more efficient, maybe spruce up the kitchen a little, but it is pretty much ready to let as it is, ready to earn you money from the word go.
This particular property has already been circulated to our current list of investors looking to purchase something in the Milton Keynes area. If you are one of the hundreds of investors reading this blog daily, why not take the next step and give us a call to see how we could assist you in your search for potential investment properties - or to ask about our thoughts on your own choices, call us now on 01908 562582.
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