 |
| WILLIAM MORRIS CLOSE, COWLEY |
Afternoon folks,
I hope you are well on this fine, soon to be snowy Tuesday so I hear.
So looking to this weeks investment bargains I present this one currently on with Chancellors with a guide price of £250,000. This development offers a mix on the 2 bed apartments between 1 or 2 bathrooms, with this one having only the one, however the going rate on rent is £1150 which gives a nice little yield of 5.5%.
If you consider the internals there is little to be done as well. Its modern finish is just what the doctor (or tenant) ordered. Other redeeming features are its locality to local kids schools which is a big draw for parents.
This was bought on 26th October 2011 for £215,000 and 3 years on has a swing of £35,000, or more if the guide price is exceeded which is very positive for appreciation.
Definitely worth looking into if your New Years resolution was to invest in bricks and mortar!
Best wisheds for 2015.
Richard
No comments:
Post a Comment