Provincial House, Ocean Village
Property type: One-bedroom apartment
Location: Ocean Village, Southampton
Asking price: £165,000
Yield: 5.8 per cent
This beautiful one-bedroom apartment located in Provincial House in Ocean Village is our top investment opportunity in June, providing buy-to-let landlords with a chance to purchase a property that is sure to deliver both an excellent yield and significant capital growth.
The apartment is offered for sale with a tenant in situ, allowing investors to enjoy an immediate return. Indeed, the tenant is contracted to remain in the property until June 2018.
A rent of £800pcm is currently achieved on the property, generating an overall yield of 5.8 per cent, making this a high-performing investment.
What’s more, should the property become vacant in the future, a new investor would surely have confidence in finding a new, quality tenant in a short time. The character and charm of the building, as well as magnificent interior features and a range of high-spec appliances, are immediately apparent to prospective tenants.
For more information on this beautiful home or to arrange a viewing contact Leaders in Ocean Village on 02380 632288.