A landlord came in to see me today to discuss expanding his portfolio. With house prices dipping he felt that the time might be right to add to it.
With a selection of freehold property he was considering purchasing a flat but wasnt sure about whether it was a viable option.,
Whilst looking at this we noticed this opportunity in Alburgh Close its a small studio and is keenly priced at £59,995 , you could achieve a minimum rent of £350 oer calendar month , offering a healthy return of 7%.,
The area is ideal as it has great acces not only to the A421 and A428 but the A6 south and the M1. Has many amenities close by and isnt too far from the town centre. We manage many property in the area and they always let quickly.
However as an investor you need to also consider any additional costs you may incur taking on a leasehold property. We can talk through your options : why not give us a call 01234 290685 or pop in and see us
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