14 January 2015
Studio with amazing location and a 6.3% yeild in central Cambridge.
Now, I might be taking a bit of a risk with this property because there are no internal photos, it could be just because the agent hasn't been able to get in there, or it could be because it is a dump! I'm hoping it's not the latter due to the fact that within the listing it states "High Quality Specification".
However this property instantly caught my attention today as it appears to tick all of the boxes for an amazing property investment, whether you're a first time landlord or an existing investor who wants to add to your portfolio.
This potential little gold mine has been placed on the market by SAB with a guide price of £157,500.
Mill road is positioned directly in Cambridge's city centre and is situated within a short walking distance of Cambridge's main train station making this property perfect for either the city worker itself of the professional looking to commute. In my experience these properties let within a heart beat and always seem to capture great tenants.
These studio apartments let in the region of £825.00 pcm, so potentially a great investment giving you a yield 6.3%.
http://www.rightmove.co.uk/property-for-sale/property-45151042.html
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