Tag: Three Bridges Mainline Station

3rd September 2015

2 bedroom flat, Trafalgar Gardens, Pound Hill, Crawley

A 2 bedroom apartment in the gated Trafalgar Gardens development, Crawley. You can almost roll out of bed onto Thee Bridges station from here ! The location will appeal to a very wide range of prospective tenants from those working locally in Crawley or Gatwick airport, to those who commute up to London, but don’t want to pay London rents. Additional plus points include lift access (which is not included in all of the Trafalgar Gardens blocks) and underground parking. The property is marked by Fox & Sons at £220 000. For more information here is the Rightmove link http://www.rightmove.co.uk/property-for-sale/property-36198504.html?premiumA=true

Properties like this apartment in Trafalgar Gardens have been achieving between about £995 & £1075 pcm. Based on the purchase price this gives a fairly healthy annual gross yield of between 5.4% to 5.7%.Trafalgar Gdn 3-9-15There is just one feature in the property we would recommend changing, however. This should not cost too much (perhaps a few hundred pounds) and would make the property appeal to a much wider selection of potential tenants. As such, this would help in reducing void periods i.e. the length of time the property was empty between tenancies. If you’re interested in this property and would like to know the “tweek” we’re proposing, just drop us an e-mail and we’ll let you know.

If you’re looking for property investments in and around Crawley and would like some advice on what to buy and what features to be aware of – like the apartment above – why not give us call on 01293 515588 or e-mail to crawley@northwooduk.com   .

17th August 2015

2 bedroom flat, Three Bridges, Crawley

Here’s a two bedroom flat in Crawley’s ever popular Pembroke Park development in Three Bridges. Although a little further from the main line train station than Trafalgar gardens, for example, the development is nonetheless only about a 10 minute walk away. Marketed by Moore & Partners, this particular property has the advantage of an allocated covered parking space.

For a closer look at the details, here’s the Rightmove link: http://www.rightmove.co.uk/property-for-sale/property-52491122.html

Pembroke ParkAlthough the property is one of the smaller examples in the Pembroke Park development, it benefits from an ensuite to the master bedroom and a family bathroom with a shower. Hence, the flat is ideal for couples and professional sharers alike.

Current rental figures for these flats are between £950 & £995 pcm, giving a respectable maximum gross annual yield of between 5.4% to 5.7%. Well worth a look in our opinion.

If you’re looking for property investments in and around Crawley, don’t hesitate to ask us for advice on what to buy and, more importantly, what not to buy ! Our advice is free, so give us a call on 01293 515588 or e-mail crawley@northwooduk.com.