Thursday, 26 June 2014

Investment Opportunity in Northgate

Everyone knows location is key & I saw this come on to the market with my neighbouring agent, Zoom995.

This two bedroom house is located within a short walk of the Manor Royal Industrial Estate and has the added benefit of being close to a Fastway bus stop for a quick commute to Gatwick Airport.  We always have a strong demand for property for workers coming in to the area to work at Gatwick or one of the companies based at Manor Royal.  The rental valuation of £900per month would give a yield of a smidgeon over 5% but that doesn’t reflect the demand I would expect it to get because of its location.  However, no need to worry if it attracts a tenant who drives to work – they’ll benefit from the garage included in the sale.

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