Ideal investment opportunity with no onward chain.
Added to rightmove on the 15th July, this one bedroom apartment would make the ideal investment. Set within a short walk of the vibrant Marina and Portishead Victorian High Street, this is sure to appeal to a wide range of tenants. The property offers a potential rental income of £695pcm and is offered to the market with No Onward Chain.
http://www.rightmove.co.uk/property-for-sale/property-60646643.html
Woods Estate Agents seem a little optimistic with the potential yield on this one advertising at over 5%! By my calculations the yield on the purchase at £175,000 the yield is 4.77%, as with all leasehold properties I would recommend asking the agent about the service charges and ground rent as these will eat in to monthly earnings.
If you would like any advice on a particular property you have seen or just want an honest opinion on the value, feel free to pop the web link on an e-mail to me m.wheeler@heritage4homes.co.uk