Wednesday 10 June 2015

Newport Pagnell lovely ground floor 2 bed flat, £155k with 5.8% gross yield

We know this apartment personally, as we advertised it and found tenants for the vendor last year, and it appears they may be wanting to remain in situ from the sale particulars.
 
 
 
 
In decent, clean condition throughout, this ground floor flat has a lovely open plan feel to the lounge/kitchen, and comes with allocated parking and a small residents garden to the rear. The tenants currently pay £695 PCM, although if it was to be advertised on the open market today you could expect to achieve around £750 PCM due to the current strong market conditions and high demand. We have seen 2 bed apartments in this development sell quite quickly in the past, as the location makes it ideal for motorway commuters and yet is still close to the town centre for the local shopping and pubs/restaurants.






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