Oak Avenue just under £100,000 could be a great start for a buy to let investor!

This apartment is on the market for sale with Richard Watkinson and looks in great condition. It is spacious and well presented and should let easily for £550 pcm. And it has a garage!

Even after taking into consideration the annual service charge this could see a return of 5.6% .

With a 20% deposit the mortgage repayments would be around £450 per month, this apartment could be a great investment for someone starting a property portfolio. It is very hard to find anything worth investing in under £100,000.

http://www.rightmove.co.uk/property-for-sale/property-51724150.html