Thursday, April 5, 2018

Bingham 5.5% potential Yield for £135,000 investment

This second floor apartment is marketed by FHP City Living and is on the market for £135,000. It has 2 double bedrooms and allocated parking and only a short walk from Bingham Town Centre. 

This would easily let for £625 pcm - giving a potential rental return of 5.5%. 

With apartments though it is important to consider any leasehold management fees. 

http://www.rightmove.co.uk/property-for-sale/property-53641803.html