Taylor Wimpey has recently released a number of one bedroom apartments within their latest development Harbour Edge, Portishead. Looking at the details available online these appear to be very well appointed with high quality kitchens and bathrooms. Take a look at the full details by clicking below.
http://www.rightmove.co.uk/new-homes-for-sale/property-62977265.html
From our experience new developments are popular amongst tenants who gravitate towards living in a brand new property. I would anticipate that these apartments would achieve a monthly rental of £725-£750pcm.
Doing a quick calculation on a purchase price of £188,000 against the monthly income of £725pcm would provide a 4.63% yield. Before making an offer, I would recommend obtaining the lease and service charge information.
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