Local property market information for the serious investor

Spacious One bed in Celestia Development

This one bed in the Celestia Development caught my eye this morning and looks like a ready made investment. The property looks in a good condition and is a generous size for a one bedroom apartment so would attract both a single person and a couple. The development is located close to Mermaid Quay while also within walking distance to the City centre so will suit the city workers that love the lifestyle the Bay has to offer.

You should be achieving a market rent in the region of around £650pcm so based on the asking price of £120,000 which will give you a yield of 6.5% – definitely something to consider. It is on the market with Taylors and would be worth a look.

http://www.zoopla.co.uk/for-sale/details/42725373

Kate Gwinnutt

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