Good afternoon everybody. On my morning check of the market, the following property not only caught my eye, but made me look again to make sure the price was right! It’s a snip!!
It’s a one bed apartment located just off East Street and the asking price with Cubitt and West is £150,000. As ever, these properties are in constant demand and will let out all day long for £695 - £725 per month. What’s more impressive, is that it’s offered with no onward chain, meaning a swift purchase could be achieved.
Now here comes the interesting part….. if we were to calculate the yield based upon a conservative £695 per month, the gross yield is nearly 5.6% which is seriously impressive for Chichester City Centre.
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