Wednesday, April 26, 2017

BTL Potential with over 5% yield - Long Acre, Bingham

This is a very popular development in a quiet area of the town, whilst still being within walking distance of the town and station.

The property is in great condition, meaning that any investor could purchase the property and have it let very quickly.  Being on the ground floor and with 2 double bedrooms means that it will appeal to many different types of tenant.

On the market for sale with Richard Watkinson & Partners for an asking price of £146,750. I would imagine the apartment would achieve around £650 PCM, giving the investor a potential yield of just over 5%.

Details can be found here:

Image 1 of 10: IMG 1813x2.jpg

Image 2 of 10

Image 4 of 10: Dining kitchen

Image 5 of 10: Bedroom 1

Image 6 of 10: Bedroom 2

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