Monday 14 September 2015

BUY-TO-LET DEAL OF THE WEEK: 2 bed flat in Tangmere, £180,000, 5.3% yield

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:

tangmere buy-to-let front

tangmere buy-to-let kitchen

tangmere buy-to-let lounge


If you are looking for an agent that is well-establishedprofessional 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 or call 01243 624 599.

Don't forget to visit the links below to view my previous buy-to-let deals and Chichester Property News articles:


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