Property type: Two-bedroom apartment
Location: Milton Keynes
Asking price: £195,000
Yield: 4.9 per cent
Our Investment Property of the Month for May is this smart and modern two-bedroom apartment in Milton Keynes, which is available for sale with a tenant in situ.
It currently generates a monthly rental income of £795 (£9,540 per annum), meaning it would deliver a yield of approximately 4.9 per cent for an investor - in addition to potential capital growth over the coming years.
The property is brought to the market in excellent condition and should remain an attractive prospect to tenants for years to come.
It is comprised of a hallway with a secure entry system in place, a spacious living area with ceiling coving and doors to the patio area, a modern kitchen with an integral oven and range of base level units, two double bedrooms and a bathroom.
There is also allocated parking for two vehicles and the block benefits from lift access. The apartment also enjoys a good position within Milton Keynes, close to the train station and key shopping areas.
For more information or to arrange a viewing of this property, please contact Leaders in Buckingham on 01280 815577 or here.