Our Southampton Buy 2 Let deal of the week

This city centre two bed flat has just come on the market at £180k. It is a good size unit at 700 sq.ft and benefits from under-croft parking, balcony and en-suite. Its lease has 114 years to run with property costs coming in at £950 p.a. Rental income will be c£875 per month. Gross yield is good at 5.8% and this nets down to 5.3% after direct property costs. Brexit or no Brexit it is a tidy buy 2 let. Full details can be found herehttps://www.rightmove.co.uk/property…/property-77947922.html