As regular readers will know, Wolverton is becoming more and more popular these days and our blog on 22nd May explained why, so have a look here if you want to do some homework.
So how about this lovely, modern 2 double bedroom apartment which is a little over 2 years old from new? It is superbly appointed inside with a beautiful kitchen and bathroom, clean neutral colours throughout and allocated parking in a secure, gated residents carpark.
Offered for sale at £170k, we would be able to offer this for rental today at around £825 PCM which represents a healthy 5.8% gross yield. Having easily let a neighbouring property in Addington Avenue earlier this spring, we know this would appeal to young professionals, either 2 friends sharing or a young couple starting out in their first home, and demand would be high from this demographic, as they can also walk to the train station to commute to London or drive quite easily into Central Milton Keynes. Looking at the photos, this looks like it needs virtually no work before being let out, so it's not as if this will be a money pit or a long term drain on resources, but do enquire as to the details of the lease and annual standing charges.
If you really can't find what you are looking for on the property rental market and need a little help finding gems like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.
So how about this lovely, modern 2 double bedroom apartment which is a little over 2 years old from new? It is superbly appointed inside with a beautiful kitchen and bathroom, clean neutral colours throughout and allocated parking in a secure, gated residents carpark.
Offered for sale at £170k, we would be able to offer this for rental today at around £825 PCM which represents a healthy 5.8% gross yield. Having easily let a neighbouring property in Addington Avenue earlier this spring, we know this would appeal to young professionals, either 2 friends sharing or a young couple starting out in their first home, and demand would be high from this demographic, as they can also walk to the train station to commute to London or drive quite easily into Central Milton Keynes. Looking at the photos, this looks like it needs virtually no work before being let out, so it's not as if this will be a money pit or a long term drain on resources, but do enquire as to the details of the lease and annual standing charges.
If you really can't find what you are looking for on the property rental market and need a little help finding gems like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.
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| miltonkeynes.enquiries@belvoirlettings.com |
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