Saturday, 11 February 2017

Crawley Investment - 1 Bedroom Maisonette with 6% yield

With location being the top priority for renters coming to Crawley this one bedroom maisonette would tick many boxes.  Just on the market with local agent, Astons, it is in area very popular for anyone using the FastWay network to Gatwick Airport.  You can view the details by clicking the link below.

The £162,950 price tag seems to be a sensible price that will allow the landlord to achieve higher than a 5% yield.  I have rented many of these properties, the last one at a rent of £775 per month.   
Located close to the M23 junction at Pease Pottage there is unrestricted parking for commuters with a car and just a couple of minutes away you’ll find the bus stops for the FastWay bus to Gatwick Airport via the town centre.  
 The interior is well laid out with a double bedroom and built-in wardrobes to the rear whilst the lounge/dining leads through to the kitchen area that can be separated off by a door.   
Landlords would need to be aware that the 2nd home stamp duty will land them a bill of £5625.  
 If you are considering investing in rental property in Crawley you welcome to contact me at the Martin & Co office in Crawley for comparables or advice.

One Bedroom Maisonette For Sale

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