I have just returned from some appointments and driven passed this property that has recently come to the market.

This one bedroom apartment on Botley Road in Park Gate is on the market with Walker and Waterer for £150,000.

The ‘Foxfield’ block is a very popular one for prospective Tenants due to it only being 10 years old, and this one would let for around £725pcm giving a brilliant gross yield of 5.8%. As it is a leasehold property you will need to factor in the ground rent and maintenance charges to get a true idea of your return so check this with the agent.

Properties in this block are always in high demand so you can buy with confidence knowing that it should be relatively easy to fill it quickly with Tenants.

Full details of the property can be found HERE.

If you would like me to take a look at any properties that you are considering for buy-to-let send me a link to the property details to james.hill@brooklettings.co.uk or call me on 01489 570011.

If you want to read more articles on the Locks Heath property market, whether you are a Locks Heath landlord, Locks Heath homeowner, first time landlord or a first time buyer – then visit the Locks Heath Property Blog www.thelocksheathpropertyblog.co.uk.