Tuesday 26 April 2016

A great Southside apartment in Aylesbury with higher than average yield.


It is not often you see a one bedroom character property on the Southside of town that is ideal for your rental portfolio. This top floor apartment is well presented so you should not need to do much to maximise rental returns.
 One bedroom flats at nearby Poets Chase let well at close to £700pcm and I would see this as more desirable for the discerning tenant so should achieve £725/£750. This would give a great 5.4% gross yield...higher than the Aylesbury average.
From the sales details... 'This highly individual top floor apartment is situated within an attractive character building on the much sought after south-side of town.  The property offers well proportioned accommodation that includes a large L-shaped lounge/diner, refitted kitchen, spacious double bedroom with built-in wardrobes and refitted bathroom with white suite.  Outside there is allotted parking situated to the rear of the block and well maintained communal gardens.
 
For either a buy-to-let investor or first time purchaser, the location of this fantastic property could not be better.  Aylesbury railway station is situated within walking distance of the property providing a fast link to London in approximately one hour.  Aylesbury town centre is also within walking distance and offers a comprehensive range of shopping and entertainment facilities.  A reliable frequent bus service connects this area with Aylesbury centre.'
8 Spenser House Wendover Road Aylesbury HP21 9LL
£159,950
 
From the front
Well appointed kitchen

L shaped lounge
From the rear
 

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