Thought I would share this property with you...On for £50k with 4saletoYou this flat has a sitting tenant in place paying £410 pcm giving you a gross return of 9.84% and I think that there could be potential for a higher rental..
Now this property is a leasehold, so probably needs some investigation into the length of the lease by some someone qualified.
Brookside is a popular area for landlords to invest - see my Brookside v Prioslee articles from the Sept / Oct Telford Property newsletter.
However, if you an experienced landlord or new to the property investment market, this makes (on paper) a good investment.
As always, if you would like any advice or my opinion on the Telford property market please feel free to call or email on 01952 306 444 or martin@letwithsignature.co.uk
See more at http://goo.gl/FIsBrz
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