Autumn is certainly setting in; this has to be my favourite time of the year to enjoy woodland walks with the family, misty early mornings and of course the excitement of Halloween and Firework night being just around the corner.
I wanted to share this property with you all today it popped up this morning with Woods; it’s a first floor one bedroom apartment with a balcony enjoying views across Portishead Marina. I suppose this is the type of investment property that Portishead has become synonymous for over the last decade.
Looking through the details online the property appears to be in good decorative condition and ready to let, making it an ideal buy to let.
http://www.rightmove.co.uk/property-for-sale/property-62754704.html
The property is marketed at an asking price of £210,000. The estate agents have suggested a rental income of £700 - £775pcm. So even working off of the lower level would provide a yield of 4%.
As with all leasehold properties I would recommend you enquire with the agent to establish the leasehold details including service charges.
If you would like any advice on a particular property you have seen or just an honest opinion of the value, feel free to pop the web link on an e-mail to me. m.wheeler@heritage4homes.co.uk