Friday 12 June 2015

Beautiful location - Newton Leys 2 bedroom apartment, £170k with 5.8% gross yield possible

Another 2 bed apartment today, this time in the totally new development at Newton Leys, once old clay pits for the brick making industry, now totally made over and offering modern, stylish accommodation close to the A5, with beautiful countryside walks and views all around.
 
 
 
 
 
The particular apartment is a 1st floor 2 bedroom property with en-suite to master, balcony and dual aspect lounge/diner and allocated parking. Rents here reflect the newer build and more modern style both internally and externally, with £825 PCM possible, a gross return of 5.8%. What you will be buying into is minimal maintenance from a recently constructed building, and a new and vibrant location which will grow tremendously well in coming years once all of the schools, shops and amenities come online. Currently less than 3 years old, these properties were sold for around £150k when new, so there has already been approximately 13% growth even during the quite post-recession years, so you could reasonably expect future growth to be much higher.
 
 
 


If you are thinking of getting into the property rental market as a new investor and don't know where to start or what to look for locally, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or email us on miltonkeynes.enquiries@belvoirlettings.com
 
 



miltonkeynes.enquiries@belvoirlettings.com

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