Longer-term readers will know I prefer freehold houses to flats. But, I still frequently get asked to recommend a flat suitable for buy-to-let.
This modern two bed apartment is in Tangmere. It's been on the market around 10 weeks now and has been reduced in price slightly, from £184,995 to £180,000.
It is ready to rent in a nice part of Tangmere; a growing village that I often mention as a good area for investment with cheaper property than nearby Chichester, good travel links and future housing additions set to improve the area.
A similar two bed flat nearby has recently let for £800pcm, meaning you could achieve a 5.3% yield based on paying the full asking price.
With no work required and being a modern apartment, complete with double glazing, gas central heating and an en-suite to the master bedroom, it would appeal to young professionals in the area.
Full details can be found on Rightmove via the following link:
This modern two bed apartment is in Tangmere. It's been on the market around 10 weeks now and has been reduced in price slightly, from £184,995 to £180,000.
It is ready to rent in a nice part of Tangmere; a growing village that I often mention as a good area for investment with cheaper property than nearby Chichester, good travel links and future housing additions set to improve the area.
A similar two bed flat nearby has recently let for £800pcm, meaning you could achieve a 5.3% yield based on paying the full asking price.
With no work required and being a modern apartment, complete with double glazing, gas central heating and an en-suite to the master bedroom, it would appeal to young professionals in the area.
Full details can be found on Rightmove via the following link:
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If you are looking for an agent that is well-established, professional and communicative in Chichester, then contact us to find out how we can get the best out of your investment property.
E-mail me on clive@crjlettings.co.uk or call 01243 624 599.
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