The Morley Property Blog

The Morley Property Blog

Sunday, 21 August 2016

7% yield potential on good looking flat



New to the market is this well presented two bedroom flat at Providnce Works in a handy location for commuters situated on Howden Clough Road, accessing the M62 / M621 in minutes.

The flat looks very well presented and with two en suite bedrooms is likely to prove popular with young professional sharers and should achieve a rental income of around £575pcm to potentially £600pcm giving a healthy 7% yield.  Of course as a leasehold flat there are likely to be ground rent and other service charges to take into consideration when calculating return on investment.

The property is on the market with Whiegates Dewsbury - here's a link to the property details to see more http://www.rightmove.co.uk/property-for-sale/property-43898568.html 

If you want to discuss the merits of any property inb=vestment you are considering, feel free to give me a call.

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