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Monday, 23 March 2015

Cracking Southampton 1 bed apartment yields 6%.

Southampton has a great range of 1 bed apartments for investors ranging from £90k at the lower end to over £160k at the upper end. This 1 bed unit has just come on the market last week at £141k. It is very well located in the centre of Banister Park in a great scheme in Marshall Sq. The property extends to 465sq.ft benefits from allocated parking and would appeal to a professional tenant. It will rent quickly at £700pcm which will give a Gross Yield of 6%.

One bed units tend to get snapped up by tenants very quickly and this unit will be a popular let - voids will be minimum; and landlords tend to be pretty keen on them as well. Only last week we helped a new landlord pick a lovely 1 bed unit close by which he has now acquired. He came to us with a short list of 5 units and we worked through this list to pick the one with the most potential.

If you are interested in acquiring investment property in Southampton please do use our local knowledge to make sure you get the best that is available, please do drop into our office on London Rd or give me a call I would love to chat it through with you.



http://www.rightmove.co.uk/property-for-sale/property-51136007.html

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