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Saturday 10 September 2016

BTL of the week

This 2-bed apartment is on the market with Penny and Sinclair and looks to be an interesting investment to us.

Harberton Mead is a good popular development that is well located for Oxford Brookes University and John Radcliffe Hospital.

A ground floor apartment which won't appeal to everyone, we'd say this was probably top-money, but it appears to be in good repair and able to be put straight on the rental market for very little outlay.

Furnished, we estimate rental value of £1,400 pcm which at the asking price offers a 4.2% gross yield.

We'd advise a cheeky offer at £385,000 for a no-chain deal good look very interesting indeed!

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