Friday 8 April 2016

Aylesbury Studio apartment in popular Southside location with potential for 6.26% gross yield

Studio apartments in Aylesbury are a great entry level property for any local investor. You get good yields, the capital required is minimal compared to other property types and there is a good demand from first time buyers when you decide to sell. These Selwyn Court studio apartments are among the most popular because of their size, proximity to shops and location for commuting in or out or town.
This particular apartment would benefit from some updating but is offered at a sensible price by our sales team


 
This what our sales team have to say...
 
A second floor studio flat situated on the popular Bedgrove development.This excellent studio flat is conveniently situated within a short walk of the Jansel Square shopping area on Bedgrove which includes a wide range of shopping facilities including Budgens, Sainsbury`s, a chemist, Chinese and Fish and Chip take away, as well as a small cafe, butchers, newsagents and a post office.  The area is served by a frequent bus service providing a reliable link to Aylesbury Town centre.  The property is a compact second floor studio apartment situated on the sought after Bedgrove development and benefits from being offered with no upper chain.  The property would make an ideal first purchase or buy to let investment.  Accommodation includes entrance porch, bathroom, large lounge/bedroom and open plan kitchen.  Outside there are communal gardens and allocated parking spaces.
 
Priced at £109,950 with a little updating a rent of £475.00pcm should be achievable ( we recently let a refurbished example for £495.00pcm). This will return you a very respectable 6.26% gross assuming asking price and before costs of updating. Aylesbury averages around 4% to 5%.
 
 
If want more information or want to talk this through please give me a call Ian Davies 01296 398555
 
 



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