Friday, 24 March 2017

Ideal investment in a Crawley flat with 6% yield

Any landlord looking for a long term investment would be wise to look at the potential of this two bedroom flat in the Broadfield area of Crawley.   Popular with couples and small families I have rented many of these over the last few years.   Currently being marketed with Martin & Co you can view the details by clicking the link below:

Hayling Court is located at the northern end of the neighbourhood of Broadfield, close to the home of Crawley Town Football Club and well placed for the FastWay transport links to the town centre and Gatwick Airport.  The property benefits from a previously refitted kitchen that has the luxury of being separate from the lounge and a bathroom that was fitted and tiled at the same time.  The second bedroom is a single making the flats popular with couples that have a small child.    
refitted bathroom
This property can command a 6% yield if purchased in the middle of the guide price & rented at the same price as the one across the hall last year - £900 per calendar month.  Landlords would need to be aware the additional home stamp duty will land them a bill of £7000 if purchased for £190,000.
Hayling Court, Crawley

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