2 bed apartment, Three Bridges, Crawley
Another flat in Commonwealth Drive, Three Bridges, Crawley has just come up for sale. Marketed by Cubitt & West at £220000, this property is £5000 cheaper than a similar apartment we featured a days ago. Apparently there’s an open day tomorrow (17th October) …..so if you’re interested, you’d better get your skates on and give Cubitt’s a call. Here’s their number 01293 263037 ! For more information about the property check out the details on Rightmove at http://www.rightmove.co.uk/property-for-sale/property-36990450.html
Like the property featured recently, rents have been pushing upwards and we’re starting to see these flats let for between £1025 to £1100pcm. Based on the quoted asking price of £220000, this would give a gross yield ranging from 5.6% to 6%. These yield figures are pretty good and we’ve certainly seen them creeping up over the last few months, as demand outstrips supply. You may well see things ease off a bit, however, towards Christmas and further into Jan 2016. Makes you shiver just thinking about it !
If you’d like some advice about property investment in Crawley, then do please get in touch with us. Our advice is free and we’d be more than happy to have a chat with you about our favourite subject ! Whether you’re an experienced landlord or completely new to buy-to-let, give us a call on 01293 515588 or e-mail us on crawley@northwooduk.com
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