Thursday 11 February 2016

Great Location, Great Yield!



Good morning, hope you all wrapped up well this morning! 

This one didn’t hang around for long and I’m not surprised. It's a two bed apartment in Sharrow Close, Haywards Heath offered by Marcus Grimes. 

http://www.zoopla.co.uk/for-sale/details/39331586

Condition wise it’s not too bad, the kitchen could do with some updating and I would recommend a coat of paint to freshen it up. 


Apartments in Sharrow Close are always good renters as they are less than half a mile from Haywards Heath mainline station and would appeal to young professionals who commute. The yields also tend to be pretty attractive. We currently manage 4 apartments in Sharrow Close, and I would suggest marketing this at around £850 per month. This would give you a yield of 5.3%, much better than your bank would offer on a savings account! Bear in mind though, as with all leasehold properties the ground rent and services charges will affect the yield.

If you would like any advice on buying a property to let, feel free to give me a call on 01444 242059.

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