4.5% Glenalmond Apartment in sought after area

This property looks to me like it could be a good bet. These modern apartments in the Glenalmond estate are always popular with the professional tenant market, singles or couples due to the commuter links, with Cambridge's main train station just around the corner.

 

This property has come on the market today with SAB at £295,000 and I wouldn't expect it to be around for long at all.  It boasts its own private parking which is rare for an apartment in Cambridge's bustling city centre!

 

Bearing in mind the rental price on this would be around the £1100 pcm, even if you do have to pay the full asking price, you are still looking at an annual return of 4.5%, which isn't too shabby.  This of course doesn't take into account any service charges or ground rent etc, so make sure you do some research before jumping in feet first.

 

http://www.rightmove.co.uk/property-for-sale/property-47868694.html