The Chichester Property Blog : Buy-To-Let Deal Of The Day - Modern Apartment Could Return a 5% Yield

Tuesday 7 July 2015

Buy-To-Let Deal Of The Day - Modern Apartment Could Return a 5% Yield

This one bedroom ground floor apartment close to St Richards Hospital and Chichester University could make a great buy-to-let investment.

http://www.rightmove.co.uk/property-for-sale/property-51642809.html

On the market at £159,000 with Chichester Estate Agents, Charles Peck, this property appears to be very well looked after and tastefully presented throughout. With a very modest maintenance charge "in the region of £360 per annum" this property would fetch £625pcm on the rental market.

With a bit of savvy negotiation on the asking price this property could bag an attractive gross yield of 5%

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Welcome

Hello, and thanks for visiting the Chichester Property Blog.

My name is Matthew Berry and I have been working in the South Coast property market for several years and, together with a fantastic team, operate a busy Estate Agency in Chichester City Centre.

Since acquiring the Martin & Co franchise in 2012, we have been fortunate enough to see our managed portfolio of landlords grow by over 300%. A large proportion of this growth has been via existing buy-to-let clients expanding their portfolios, the majority of whom always pop in and see us for a chat before investing.

The purpose of this blog is to share our advice, which is normally kept behind closed doors, to as many people as possible in the Chichester area!

Articles from this blog are also published in the Chichester Community Magazine - "Local Life" which is delivered free to households in the area every month.

If you have seen a potential deal, and would like a second opinion, please send me the details, without hesitation, to matt.berry@martinco.com or call me on 07875957955. I will always give you an honest opinion (both good and bad) about the property and it's potential rental value.