Thursday 30 April 2015

Newton Leys stunner! 2 bed 2 bathroom apartment, £162.5k with 5.9% gross yield

How nice is this little gem that we have for you today - a 2 bedroom 2 bathroom stunning apartment in the new development of Newton Leys, and your chance to get in whilst the area is still being developed and gaining its own identity.
 
 
 
 
So just what is so good about this one? Well it is just perfectly suited to the young professional sharer market, is of a new and modern style with parking included, and ought to be relatively low maintenance now that the first owner has 'snagged' the property and got it all sorted. At an asking price of £162.5k, this would rent for around £795 PCM in the current market, showing a gross yield of 5.9% which is excellent for a property which is by no means a project or any kind of hard work for a new investor. Demand for this area is such that there would have been 477 successful searches for this exact property last month, with over 85000 across the city as a whole, so that is the size of the market chasing flats or apartments alone.
 
 
 
 

The details of this property have already been forwarded to a number of our interested subscribers who are currently looking for such an investment. If you are one of the hundreds of other potential 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 to see how we can help, or send us an email.


 



miltonkeynes.enquiries@belvoirlettings.com

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