The flats in this small development close to the centre of Newport Pagnell are very nicely kept and spacious, offer residents off road parking and are incredibly popular.
At an asking price of £130k it represents stunning value for money, with a 104 year lease remaining and £420 annual maintenance charge you know where you are and it's not an excessive service charge. On todays rental market, this would easily rent for around £640 PCM which is a gross yield of a very acceptable 5.9% gross. Demand continues to remain high for such a property, we have let 6 similar 1 bedroom properties in just the last week, with many applicants now queuing and waiting for the next to come along, so don't worry about having a void period here.
If you are thinking of getting into the property rental market and don't know where to start, or want expert local knowledge about what has increased in value and what hasn't, then 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 pop along and speak to us in person at our offices in Stony Stratford.
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| miltonkeynes.enquiries@belvoirlettings.com |
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