Are you looking around Rightmove and Zoopla, thinking that property looks great! But how much will it rent for? We will be showcasing properties we feel that will deliver two things a good yield (Yes it is still possible) and secondly a good re-sale value in the future.
The property we have selected this week is a one bedroom new build flat in Gillingham in the desirable Victory Pier development. Set in a waterside location is an award winning development from Berkeley Homes. With links into London via the high speed train network, the property attracts to commuters and people looking get more value for money in rental terms but without sacrificing quality.
All the properties are made to high standards and are generously sized, along with a lobby style wi-fi lounge and access to a communal gym.
The nitty and gritty: On the market for £255,000
Achievable rental of £850 PCM
Rental yield of 4%