I wanted to share this property with you all today, on the market 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 £205,000. The estate agents have suggested a rental income of £700 - £775pcm. So even working off of the lower level would provide a yield of 4.10%.
As with all leasehold properties I would recommend you enquire with the agent to establish the leasehold details including service charges.