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Wednesday 27 April 2016

Southampton buy 2 let will yield 7% with low tenant risk!



This is a nice large 1 bed flat with excellent space planning. The property is well located close to Bitterne Train station and is about 1.5 miles from Southampton City Centre. The unit is on the market at £120k and benefits from a long lease and sensible service charges. We let a ground floor unit in this scheme at £625pcm and this unit would let at a similar level. Gross yield is attractive at 7% and net yield is also strong given the low service charges. This would make a good buy 2 let investment despite George Osborne's recent changes to the private rented sector. Worth a look; full details can be found here. http://www.rightmove.co.uk/property-for-sale/property-41441877.html

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