Certain to appeal to tenants with a need to be close to Central Milton Keynes without paying sky high prices, this low cost apartment is certainly worth a second look for any investor.....
With all the main upgrades already in place such as UPVC windows and gas to radiator central heating, all the main work to keep this up with it's peers has been completed now, and with a healthy EPC rating of 'C' you have no worries there either. Located opposite Campbell Park, this first floor apartment might benefit from a more modern kitchen (and possibly bathroom, no photos of this so do enquire with the vendor), but the location and cleanliness is what would cause this to be of interest to potential tenants, and being at the lower end of the price spectrum this means they are likely to be younger, maybe a university graduate starting a new job around here or a couple just starting out in their first place together. The very fair asking price of £125k means this won't be around for long, and it would rent today for around £675-695 PCM which is around 6.5% gross, maybe a few pounds more and very much dependent upon condition and specification (we can help you prepare this correctly).
With a lease of 98 years still left, a peppercorn rent payable and a small service charge, do speak to the agent and find out the full costs before you miss this little gem.
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If you are thinking of getting into the buy to let property rental market as a new investor and don't know where to start, or you would like some impartial advice and guidance to get the best return on your investment, call me now on 01908 690700 or pop along and speak to me in person at our offices in Central Milton Keynes.
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