Tuesday, 31 March 2015
Canterbury - 5.56% yield - new build
Good morning. So who said ‘lightning doesn’t strike twice in the same place’?? After a drought of properties over the past few weeks, we not only get another property in Canterbury, but it’s another one on the London Road estate!
Today, we are looking at a type of property that doesn’t come onto the market that often and it’s an affordable, one bedroom flat. Not only is it a good price, it’s also brand new, which should make it an attractive proposition to the rental market.
It’s come on the market at £135K with Regal and looks very good. This type of property is in constant demand and should rent out for circa £625 per month, which in turn will deliver a yield of 5.56%. Check it out at http://www.rightmove.co.uk/property-for-sale/property-51440783.html and give them a call.
Should you wish to discuss any other specific properties or just a general chat re the current market, please feel free to contact me on 01227 455717 or call in and see me at 23 Watling Street in Canterbury.