Buy to Let Flat – Two Bed – 7.5% Gross Yield

Share article

I came across this one after chatting to someone who lived in the same area, https://www.zoopla.co.uk/for-sale/details/44708215?search_identifier=d84902017f083febe951a1e058d9020a#OL2d1EQ5DWsyACDZ.97

It’s being marketed at £64,500 with our friends at Purple Bricks. Its looks like an excellent example of an ex local authority two bed flat that’s been renovated to a high standard.

It seems quite spacious with a dining kitchen, two double bedrooms and views and the level of decoration/modernisation seems quite high.

I would estimate the rent conservatively at £440 per month, which gives a yield of around 7.5%, with capital appreciation for flats in this area having run at 13.5% over the last five years. The EPC is a D, though bordering on C.

All in all definitely one to have a closer look at I would say.

Arrange a free market appraisal

Whether you’re ready to sell, a landlord looking to rent or are just interested in how much your property might be worth, the most accurate appraisal of your property is with an appointment with one of our experienced local agents.

Related Blog Posts

Main menu