2 bedroom flat, Ifield, Crawley
Here’s a 2 bed apartment that has just come on to the market with a tenant already in-insitu. Priced at £214 950, the agent (Taylor Robinson) has stated the tenant is currently paying £950pcm, which is par for the course for this type of property.
Here is the Rightmove Link:
https://www.rightmove.co.uk/rmplus/property/showPropertyMcr.action?propertyId=35426322
The property is aimed at investors. However, you should carry out your own due diligence when taking over a tenant – rental payment history being one of the key questions to ask. Always remember as well, that tenants can also give notice and leave.
However, based on the rental figure quoted, you would achieve a maximum annual gross yield of 5.3%, which is very respectable indeed.
If you would like any advice on where or where not to buy for property investment in the Crawley area, or want the lowdown on a property you have your eye on with another agent, feel free to give us a call on 01293 515588 or e-mail crawley@northwooduk.com .
The Crawley Property Blog 