Wednesday, 12 April 2017

1 Bedroom Flat 5.47% yield

Morning, where has the sun gone? Hopefully it is hiding away ready for that sunny Easter weekend…

This week’s property is a smaller but perfectly located 1 bedroom apartment! The property is on the market with Miles and Barr and has been on the market since December 2016.

The property is located just off Gordon Road behind Canterbury East Station so is the perfect location for those needing access to London. 1 Bedroom properties are in high demand in Canterbury and are very popular with young working professionals. The property also comes with that rarely seen allocated parking space!

Although the property is on the market with a guide price of £160,000 - £180,000 this property can still achieve a yield of 5.47% if bought at £170,000. This is worked out on a projected rental income of £775.00 pcm.

The property generally looks in good condition so should be good to rent out straight away!

Go on, take a look!

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