Local property market information for the serious investor

Prospect Place one bed investment

Prospect Place one bed investment

This is the latest apartment to come on the market in the ever popular Prospect Place development

The selling agent is Prestige and the asking price is £159,995.  There aren’t internal photos at the moment (although I’m sure it won’t be long before these are updated) so it is difficult to determine the condition.

The one bed apartments in this development do vary quite a lot in layout in size but judging on the price it looks like it will be one of the larger ones. It also has the added benefit of a balcony which not all of the apartments have and it is definitely an attractive selling point for any potential tenants.

I think that the selling agent may be a little optimistic with the price as there are some decent two beds on the market for around that price region. However, according to the description this one has views over the Bay which always goes down a treat with tenants and will mean you can potentially ask for a little more rent than the typical one bed in the development.

http://www.zoopla.co.uk/new-homes/details/39501357

Kate Gwinnutt

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