This spacious two
bedroom apartment has just popped up on the market this morning and what a
bargain it is! Take a look at the property here for yourself: http://www.zoopla.co.uk/for-sale/details/36904979
A spacious two bedroom property, located a short distance from Solihull town Centre overlooking the beautiful Elmdon Park, which is a great selling point for potential tenants.. Located on the second floor the property consists of two good sized bedrooms, Living room, Kitchen, bathroom, garage and allocated parking.
Apartments are great investment properties as they rent easily and attract those who want to move away from the family nest and either can't yet get on the property ladder or do not want to get on the property ladder. This would be a great property aimed at young professionals who wish to be close to Solihull centre, great local amenities and beautiful scenery.
This property is currently on the market with Melvyn Danes with an asking price of £125,000. A property of this standard would achieve and approximate rental income of £700pcm which would provide an approximate yield of 6.7%.That's not a bad rental yield for an apartment in Solihull. This does not include any additional charges for ground rent or service charges.
If you would like to discuss investment opportunities please feel free to contact me Jane.morcom@centrickproperty.co.uk
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