Search This Blog

Friday 7 November 2014

Good Southampton investment close to the Hospital which could yield 7%


Really nice 1 bed flat located very close to the General Hospital and Shirley High St. It’s a great size at  450sq.ft. and benefits from allocated parking and communal grounds. We recently let a similar unit in this scheme at £600p.c.m. Your tenant pool will comprise professional from the hospital, the uni and other local employers. Gross yield based on asking price of £110k is 6.5% but with a little negotiation it should get to 7%.


No comments:

Post a Comment