Property type: One-bedroom flat
Asking price: OIEO £230,000
Yield: 4.5 per cent
This month’s top investment opportunity comes in the shape of this charming one-bedroom apartment in Grand Parade, Brighton.
Situated in the heart of the city, this property is sure to be highly sought-after among tenants if made available on the rental market. As such, our local lettings experts believe it would generate a rent of approximately £850pcm, contributing to an overall return of 4.5 per cent.
The property is offered for sale in excellent condition and presents an ideal investment opportunity. It is located on the edge of the famous North Laines area, one of Brighton’s most popular districts, meaning it could offer excellent capital growth prospects in the coming years.
It is also close to the mainline train station, from where direct services to London are available. We believe this is likely to make it a popular choice among professional tenants.
For more information or to arrange a viewing contact our team in Brighton on 01273 025728 or visit leaders.co.uk.