30 Douglas Court, Toton, NG9 6ER |
http://www.rightmove.co.uk/property-for-sale/property-41111717.html?premiumA=true
Don't be put off by the exterior appearance of this block, it is popular within the area, well maintained and attracts professional tenants. It is a great investment for someone who wants to take advantage of the Toton tram link but doesn't have a large budget.
This property would comfortably Let out for £450pcm, and based on the last three prices paid for two bedroom flats (62k) you are looking at a gross yield of 8.7%!
Houses prices - http://www.zoopla.co.uk/house-prices/nottingham/beeston/douglas-court/ng9-6er/?q=NG9%206ER&search_source=house-prices
THINGS TO CHECK OUT - LENGTH OF LEASE + MANAGEMENT FEE'S / GROUND RENT.
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