Thursday, 9 October 2014

Canterbury - Inside City Walls - Yielding 5.6%

As local celeb Phil Spencer advocates it's all about 'Location, Location, Location, so when a property 'pops up' on Rightmove inside the City walls, then it's time to sit up and take notice!
The property in question is a one bed apartment, located in St Johns Lane. As mentioned, it came on the market yesterday with Your Move and is being offered for £155K. It's shown as a guide price, so it's possible that there's an offer to be made here.
As stated, these properties are in great demand and a good agent should be looking for a rental of circa £725 per month. At this rental figure, the property will give you a rental yield of 5.6%. Happy days!

Check it out at

No comments:

Post a Comment