Here is a new property on the market at a fantastic price.
It’s a one bedroom spacious apartment located in the popular development that is the Reach. All apartments in this development tend to be generous in size compared with some apartments but this apartment looks even bigger.
As you can see, it’s in a good condition and can easily be rented out for up to £625 pcm with furniture. This gives this a gross yield of 8.8% and with the service charge being £92.52 pcm, then this would bring the yield down to 7.5%.
Even in this depressed market, the price of £85,000 is very appealing as they were originally sold for over £120,000 and some one bedrooms have recently been sold for over £100,000.
I think this property is defiantly worth a viewing!!!