Tuesday, 29 March 2016

BUY-TO-LET DEAL OF THE WEEK: 2 bed flat in Chichester, £189,950, 5.1% yield

house chichester
2 bed flat in Chichester
Listed for sale on 23/03/16 @ £189,950
Rent = £800pcm
Yield = 5.1%
This two bedroom flat in the Parklands area to the West of Chichester is very spacious. It has a decent sized kitchen, good-sized lounge and importantly two large double bedrooms. Whilst Parklands tends to be a family-orientated area with fewer flats than elsewhere, this one comes with its own garden, which is a huge benefit to the well-priced property.

With little to do inside and with the all-important gas central heating and double glazing, this large flat should rent easily at a conservative £800pcm, giving a 5.1% yield based on paying the asking price of £189,950. With service charges being a relatively low £320 per year, even the net yield would be strong from this budget buy-to-let purchase.

It is on the market with Charles Peck and full details can be found on Rightmove via the following link:


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 clive@crjlettings.co.uk 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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