5.25% Gross Yield for 2 Bedroom Flat in Flitwick
If you're looking to buy an investment property in the MK45 area for under £220k there isn't a lot of choice around at the moment, but this seems like the best of the bunch. It's a tidy, two bedroom ground floor flat, with a garden and garage.
This would easily rent for £700 per month in the current market, possibly more with demand for 2 bedders the way it is at the moment. That would mean a minimum 5.25% gross yield if bought for the asking price of £160k. There's also a new 125 year lease that's just been created, but as always do some due diligence on any ground rent and maintenance charges when it comes to flats.
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