25 October 2017

Town centre investment

Look at this for a ready-to-go investment.  It’s a recent conversion of an office block and looks to be finished nicely.  It has the added bonus of parking, a must really for a town centre apartment.  This is likely to be very popular with younger renters.  The only downside I can see is that it would appear from the floorplan to have no window in the bedroom, just borrowed light from the lounge.  This will be a put off for some people.  However, you should still get £665pcm which means that, even if you pay full asking, it will return just short of 6%.  Its also bound to have a good long lease but just check the management fees.

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