Wednesday, 4 March 2015

Converted flat in Leigh - 5.47% yield








                               Tankerville Drive, Leigh-On-Sea


                                         http://www.zoopla.co.uk/for-sale/details/35659525?


 This two bed flat in Leigh is great, it should rent for £750-£800pm in the current market so if you could pick it up for £160,000 that’s a possible 5.47% gross yield.
 Large 2 bedroom apartment in good condition located in a quiet road in Leigh-On-Sea. Close to Belfair’s woods and other local amenities.

The property is on the first floor of a converted house and offers 2 large bedrooms, a living room with fireplace, modern bathroom and recently installed fitted kitchen with wall and base units and integrated oven. The property benefits from double glazing, gas central heating (n/t) and no onward chain

According to the sales details the service charge and ground rent needs to be confirmed, so this would need to be taken into account. However, investing in Leigh is a good bet for capital growth in the long term.

If you would like any advice on buying to let in Leigh or Southend just drop me a line and I'll be happy to help. rob@castlesestateagentsltd.co.uk

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