Tuesday 29 December 2015

Another sound property in Haywards Heath with a potential yield of 5.1%...





Hello all you potential landlords. I was just having 5 mins to have a look to see if there were any little gems on the market at the moment suitable for buy to let and I came across this. This apartment is on a modern estate in Haywards Heath, close to the town centre and train station would be sure to attract young professional tenants.


The only small area of concern with this particular property is the bathroom. While a pink suite maybe retro to some, I would recommend a new white suite and neutral tiles!
  
The selling agents are Cubit & West and they have put this property on the market with an asking price of £175,000. When we consider the potential rental value achievable on this property, I would suggest around the £750 pcm mark, meaning you could achieve an annual yield of 5.1%. This is of course before you take into account any service charges or ground rents, so make sure you get this information from the agent before diving in.

If you would like any advice on buy to let, please do not hesitate to contact me, I'm always happy to answer any questions you may have. 01444 242059