What with all this budget news and recent suggestive measures in the rented sector I have completely neglected my investment duties!
YIELD, YIELD, YIELD!!!
Back to it then and I stumbled across this one. On with Chancellors for £175,000. You can expect £875 for this which starts you out at a 6% yield. Aces!!
Plenty of room for appreciation as well both for rent and future selling. On the 27th June 2014 a similar property sold for £160,000. If we are to believe said agent then this is not a bad movement in the last 9 months.
From the rental perspective these were kicking around at £825 at the start of 2014. Rental continues to move in a positive way and has done in Oxford for a long time, but this one offers more redeeming features other than the apartment itself. It sits close to Headington town centre, is ideal for the A40 for those of you who travel to London and is very well situated for hospitals (JR/ Nuffield)
Of the 4 the I look after on this block, not one of them has or ever has had a void. This is the way of 1 bedroom modern apartments especially in a sought after area such as OX3.
Call me for more.
Best regards
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