Situated in Arundel Park (very popular residential estate to the East of the city centre, not far from the A27), this house offers two double bedrooms - ideal for a young working family, couple, or perhaps even a pair of professional sharers. The property appears to be nicely presented, with neutral pastel colours throughout, which is perfect for attracting tenants and naturally minimise's the void between completion of purchase and first advertising.
Earlier this month we rented a very similar property to this (picture below), on just the second viewing in the very same street, at £825pcm to a professional couple on a 12 month tenancy. Based on these figures and a purchase at the asking price of £209,950, a gross yield of £4.7% is achievable.
On the market with estate agents Bell & Blake it may well be worth arranging an appointment to view at this weekends 'Open House' event - http://www.rightmove.co.uk/property-for-sale/property-49532911.html?premiumA=true
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