I spotted this little one, which I think should be right
up any buy to let investors street that is looking for a modern, low
maintenance property, that only came on the market last Friday.
McDonald Crescent is in the modern development off
Grahams Road near the canal within walking distance of the town centre and the
railway station, perfect for the commuting tenant. This apartment has great
accommodation, ample parking and impressive views. 2 bedroom apartments in this area are renting
for in the region of £465 pcm at the moment.
The property is being sold by O’Malley Property with an asking
price on this property is offers in the region of £89,995 so let’s say it goes
for £90,000. If you do your calculations
on these figures, you are looking at a potential annual return of 6.2%, which
takes account of the modern, desirable, low maintenance nature for the
property.
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