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1 Bed Buy To Let - Fleming Gardens East - 6.5% Gross Yield

1 Bed Buy To Let - Fleming Gardens East - 6.5% Gross Yield

This is a ground floor flat in a quiet residential area.   The property is being offered by Blackadders http://www.tspc.co.uk/1-Bed-Ground-Floor-Flat-For-Sale-7B-Fleming-Gardens-East-Dundee-DD3-7LN at £58,000.

It benefits from GCH, DG and looks to be spacious and well maintained. It would probably benefit from a little modernising but from what I can see in the photographs not too much.

I would estimate the monthly rent at a conservative £345, which gives a gross yield of just over 6.5%. Capital appreciation in the area is just over 12% over five years.

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