This property is being marketed for £152,500 by a couple of agents including Imagine and McDonald and Lloyd.
It’s very simple. It has already been refurbished so you could get a tenant straight in for a minimum of £795 giving this flat a nice yield of 6.2%.
(Personally I would have chosen a different colour carpet – wouldn’t you!)
There’s a good length lease of 125 years so the only thing left to check is the service charge which ‘shouldn’t’ be much on a flat like this but ASK THE QUESTION anyway!
I can’t see this still being on the market after Christmas and will be keeping an eye on it.
Here are the full details:
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