Monday 8 June 2015

Garden flat in a very small block, £150k with 5.8% gross yield

What a great property to start the week with - a delightful and unusual garden flat in a small development on Crowborough Lane, Kents Hill.
 
 
 
 
 
Being just one of four flats in this low rise block, it features a large open atrium and stairwell with plenty of internal space in the communal area along with allocated off road parking. With a very long lease of 979 years, this could be a very interesting property. Being finished to a good standard already, this looks like it won't need too much to prepare it for the rental market where it would strongly appeal to the young professional tenant, and would rent today for around £725 PCM giving a gross yield of 5.8%, plus being on the doorstep of The Open University and Red Bull Racing F1 Team you can be sure to attract someone willing to pay the price to enjoy all that this offers.
 
 




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.
 
 



miltonkeynes.enquiries@belvoirlettings.com

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