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This apartment looks really nice and spacious from the Photos. With demand in Leamington Spa being at a record high for rentals in the town it is worth a look at for an investment. According to Righmove it appears to have had good capital growth.
It is currently on the market with Reed Rains of Leamington Spa for £179,995.
We have rented several high quality one bed apartments this year in Leamington Spa and would expect this to go quickly especially if furnished to a good standard. We would market this property at £800 to £850. So if we base our sums on the max figures, you would still walk away with a 5.6% yield, which in this market is typical in our area.
If you would like any more advice on where (or not) to buy, just drop me a line on sean.driscoll@martinco.com
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