Located in Charles Avenue (just a short walk distance from St Richards hospital), these properties are popular rental investments, as offer large living accommodation, lower than average ground rents and service charges, and ample off road car parking.
Taking into account some cosmetic work to maximise tenant appeal, terms of rental returns, you would be looking at £650pcm for a 2 bedroom apartment. Based on a £150,000 purchase price would offer a 5.2% gross yield.
Currently on the market with Chichester agents Charles Peck, I believe this property is well worth considering!
No comments:
Post a Comment