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| Cheviot Close, West Green, Crawley |
With rental prices shooting ever upwards but sales prices
seeming to stall how about this one bedroom maisonette in the West Green area
of Crawley. Currently marketed by new
agent Blakemore & Sons it would make the ideal first investment purchase
with a possible 6% yield.
Summer is traditionally a quieter time for the sales market. However it does make it a good time to buy
before the prices start increasing again when the market heats up after the
holidays.
This property in Cheviot Close is not the biggest one
bedroom property in Crawley but would make the perfect home for an individual
or young couple because the maisonette is located reasonably close to the town
centre and very close to Crawley Hospital.
The rents on one bedroom properties currently are nudging up to £795 per month and
if achieved would result in a yield of 6%.
Looking back ten years these properties were selling at £128,000 and
therefore have enjoyed a capital increase of 30%.
If you have seen any properties that interest you &
would like a rental agents thoughts you are welcome to contact me at the Martin
& Co office on Orchard Street, Crawley Town Centre.
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| St Peters Church, West Green, Crawley |
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