Investment Property of the Month: October

Fri 14 Oct 2016

Property type: Two-bedroom flat
Location: Eastbourne
Asking price: £129,950
Rent: £650pcm
Yield: 6%

Our Investment Property of the Month for October is this two-bedroom flat in Eastbourne, which is up for sale with tenants in situ.

The property is let at £650pcm, generating an annual rental income of £7,800, which should deliver an overall yield of at least six per cent.

With an affordable asking price of £129,950, the flat presents an opportunity for investors to add to their portfolio without requiring a large initial outlay.

Further tenancy details are available on request and a maintenance history is available for the period during which Leaders has managed the property.

The flat is located on the first floor of a building in the heart of the town centre and is comprised of an entrance hall, a spacious living room, an open-plan kitchen, a family bathroom and two double bedrooms with sash windows.

For more information or to arrange a viewing, please contact Leaders in Eastbourne on 01323 737148.