High Yielding – One Bedroom Tenanted Apartments
Prices From £81,547
Whilst the market in London looks to have cooled significantly, house prices further afield in places like Devon continue to rise and are seen as a hotspot for investment. Prices in the south west have jumped by 7.4% year-on-year to April 2014, reaching an average of £198,325, according to the Nationwide. Devon has witnessed significant rises, with Plymouth accelerating from 4% to an above-average 8%.
We have acquired a small development of eight, one bedroom apartments located in North Devon, they can purchased exclusively through Global Property Investors. All apartments are tenanted at approx £475 pcm, which represent a healthy 7.0% yield.
This deal is a fantastic opportunity to purchase a high yielding property with low capital outlay, strong rental demand and capital growth.