I have come across another two bedroom leasehold apartment for sale on Woodfield Plantation in Doncaster – a very popular area for tenants.
It’s a two bedroom first floor apartment for sale with no upper chain TheProperty Hive. They say it is well presented, offer open plan modern living, has allocated parking and an ideal investment which I strongly agree with. I will also add that Woodfield Plantation has a variety of local amenities, an infant and junior school recently opened, a 5 minute drive to the M18 and in the opposite direction a short drive to the A1.
The Property Hive have put an asking price on this property of £84,950 and knowing this development very well I would say that’s spot on.
It’s a popular development for buy to lets and we let a few in this area recently for £550cm. So what is the rental yield, well if we take the annual income from the rent and divide it by the asking price that gives us 7.7%!
Of course when going further in to the figures, remember that most apartment blocks will be subject to ground rent & services charges, so make sure you factor this in, when working everything out in more detail…
This is the link to the property on for more information….
If you would like my advice on a potential buy to let you’re looking at don’t hesitate contacting me, Frances, on 07896 988366 or call in branch for a coffee.