Wow, 17 days until Christmas!!
Taylor Wimpy have recently released more apartments within their Harbour Edge development in Portishead. These apartments look great and would be easily let, please have a look at the full details:
http://www.rightmove.co.uk/new-homes-for-sale/property-63396446.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 £196,000 against the monthly income of £725pcm would provide a 4.44% 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