I have a real soft spot for development. they sell well and let well
They rent for £1100 to £1150 per month, so with an asking price of £300,000, a reasonable yield of 4.5% is achievable.
The thing with this apartment block is they do go up in value rather well. At the height of the boom in 2007, these were selling for £225,000.
There arent many properties that have increased in value by 30% since the boom of 2007 in Oxford. I know you might say it hasnt sold Richard. Trust me, I think this will quite quickly. On the market with Oliver James. Rightmove Link below ...
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