Bargain basement one bed flat in Flitwick, 7% yield!

http://www.zoopla.co.uk/for-sale/details/33440752#zEA7d7XQ8Ocwwyom.97

This flat might not be the prettiest in Flitwick but it's certainly one of the cheapest! Nice little rental property for someone, and there's always demand for 1 bedders to rent in the area. A short walk from the train station and town centre too.

If this can be picked up for £80,000 or less it would rent for around £475pm, making a nice 7% gross yield. Need to check out the length of the lease, ground rent and maintenance charges, but if thats all ok then its a nice little investment for someone.

If you would like any advise on buying to Let in Flitwick or Ampthill, just drop me a line and I'll be happy to help. Graham@1st-house-lettings.co.uk

Modern flat in Ampthill - 5.64% yield

http://www.zoopla.co.uk/for-sale/details/33331968#Vzy5SiRM123WHZJj.97

This modern two bed flat in the centre of Ampthill is great, it should rent for £750-£800pm in the current market so if you could pick it up for £170,000 thats a possible 5.64% gross yield. This is a modern block of flats with gated access to the private car park at the rear, a bonus for the centre of Ampthill where parking is a pain!

According to the sales details the service charge and ground rent come to £95.41 per month, so this would need to be taken into account. However, investing in Ampthill is a good bet for capital growth in the long term.

If you would like any advise on buying to Let in Flitwick or Ampthill, just drop me a line and I'll be happy to help. Graham@1st-house-lettings.co.uk