You might think I have gone crazy this week, however I’m going to suggest for this weeks deal, you take a look at this 1 bed apartment built for the over 55’s.
This more mature age range, prefer to rent long term therefore minimising and void periods. Interested?
Take a look at this city centre apartment. It is asking just £40,000. If you rented it at just £450 cpm, you would get a fabulous gross return of 13.5%. Strictly however, thats not true as you still need to factor in the monthly charges, ( which are higher than most ) but even still, it’s certainly worth looking at.
Check out the details here.
http://www.rightmove.co.uk/property-for-sale/property-44479956.html