*ATTENTION INVESTORS* Crofts are pleased to be able to bring to the market this ideal investment opportunity comprising of a ground floor flat. The property is a ground floor apartment, and comprises of communal entrance, hallway, one bedroom, a reception room, a kitchen, and a bathroom. Garden to the rear, with the potential to create off road parking. This property also offers the advantage of gas central heating.
In terms of investment, this flat has the potential to generate a gross yield of over 17%, with a possible rent of £475 per calendar month after refurbishment.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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