Brrrrrrrr…. It’s a bit chilly out there isn’t it! Thought I’d warm the ‘ole cockles’ up with a tasty property treat this morning.
New to the market with Heritage is this spacious apartment situated within the popular St Katherines Park development enjoying views across the Village Green. The buildings former use was the nurse's block at Ham Green hospital, however when the hospital closed it was then converted sympathetically by Messers 'Redrow Homes'.
Please have a look at the full details below:
http://www.rightmove.co.uk/property-for-sale/property-62968244.html
Based on a sale price of £200,000 with a rental of £795pcm this property would provide an annual yield of 4.77%! That’s a really decent return, however what’s even better is when you take in to account the annual service charge of £811.00 and ground rent £150.00 it would still provide a 4.28% yield.
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