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Thursday 30 October 2014

Nice 1 bed in Portswood which could yield close to 7% - tempting

This top floor split level 1 bed duplex flat that is conveniently situated in Portswood and could service both Southampton Universaties.It will also be attractive to the professional market and will attract a large tenant pool.The property is bright and spacious and in good order with the added benefit of parking. It will rent at £625pcm which will give a Gross Yield of 6.25%, but it has been on the market since July and given current market conditions an initial yield of closer to 7% could be achievable.

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