Modern living in Broughton, 2 bedroom apartment 5.4% gross yield

Properties in Broughton are in high demand due to their proximity to Kingston, the M1 and Central Milton Keynes, and this two bedroom apartment should be no exception, with a asking price of £199,950.

There is always high demand in this location as it has a modern, energetic vibe and acts like a magnet for the younger generation who tend to move with their employment, so do expect a certain level of 'churn' here. This property appears to generally be in a good condition, but looks like it could do with a carpet clean and light redecoration. After this is completed, I would expect a rental figure of £900pcm to £925pcm, which would show a gross yield of between 5.4% and 5.5%.

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