I have come across this flat for Sale and think it could make an interesting investment for any BTL Investor.
http://www.zoopla.co.uk/for-sale/details/37189416?search_identifier=5f2b3d8a14e1d0956b7d9ae945d3f90e#8B4W56GHz22UkTmX.97
The flat is being marketed with Bradleys with a Guide price of £90,000. On looking at the floor plan the flat is 3 bedrooms with 2 receptions rooms. This flat could be a 4 bedroom property. Also the flat looks in pretty good condition from the photos.
If the flat was let to DSS tenants who had an entitlement to the 4 bedroom LHA rate you would achieve a rent of £790 a month. This would give a yield of 10.5%. Not everyone's cup of tea, but this flat does offer a good return.
If you would like to pick my brains about this property or BTL investing in Plymouth then please pop into our office in Stoke Village.
http://www.zoopla.co.uk/for-sale/details/37189416?search_identifier=5f2b3d8a14e1d0956b7d9ae945d3f90e#8B4W56GHz22UkTmX.97
The flat is being marketed with Bradleys with a Guide price of £90,000. On looking at the floor plan the flat is 3 bedrooms with 2 receptions rooms. This flat could be a 4 bedroom property. Also the flat looks in pretty good condition from the photos.
If the flat was let to DSS tenants who had an entitlement to the 4 bedroom LHA rate you would achieve a rent of £790 a month. This would give a yield of 10.5%. Not everyone's cup of tea, but this flat does offer a good return.
If you would like to pick my brains about this property or BTL investing in Plymouth then please pop into our office in Stoke Village.
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