Property Of The Week - 7% Yield
On the market with Jackson Grundy is this one bedroom ground floor flat situated in The Mounts. It is an excellent purchase for an investor or a first time buyer to get you on to the property ladder. It has a service charge of £600 per annum and a lease of 964 years remaining (always check if there are any other clauses in the contract in case there are any hidden redemption penalties). On the market for £117,500 you could achieve £750 PCM giving you a 7% yield.