Monday, 8 September 2014

Apartment in Staines - 6% yield

Isis estate agents have put this apartment for sale.

They say "A ground floor apartment situated in a popular location, within close distance to Staines upon Thames town centre and railway station. The apartment offers; entrance hall with security entry phone and storage, lounge with direct access to a fully fitted kitchen with appliances, double bedroom and a modern bathroom. Outside there are communal gardens and parking."

We say, £180,000 for a one bed apartment which will rent for £900 per month gives a yield of 6% per year. Apaprtment sin the bloack have exerienced capital growth of 32% to 34% in the last ten years .. not a bad combination.

We dont think it will be on the market that long. Not bad in side, click on the link to see the pics

http://www.zoopla.co.uk/for-sale/details/34443302#OGdapsj86uQfuLKx.97


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