30 January 2015

5.4% Yield on this Cambridge Apartment

Nicely maintained on the outside and the location is great for buy to let investment. This apartment has just come on the market for £235,000 with Tucker Gardner. This is a pretty good price for a property of this size situated in this location.
The location is great being situated close to the city centre and boasting direct access to the M11.
It's hard to tell from the photos the exact condition as there are no internal pictures, it might need benefit from a freshen up with the paint work and the flooring but this may just be a case of having to speculate to accumulate.

Similar properties in this area have rented recently for around £1050 pcm, so you would be looking at an annual yield of 5.4%
 
 
 

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