4 August 2017

Great investment opportunity in Andover!

Look at these lovely one bed flats which will soon be available.  OK, I admit, they don’t look great at the moment but when the developer has finished adding another level and then converting it fully this development will have 6 one bedroom flats, 3 of which have already been reserved.  They will be finished to a good specification, offer a decent amount of space and with the added benefit of a new 125 year lease as well as a 10 year warranty. 

This side of town is very popular with tenants as its close to the train station, Portway Industrial Estates and easy access to the A303 and one bed properties are always popular.

A rent of £700pcm should be achieved giving a very health return of 5.8% on the more expensive option, minus your management fees.

Definitely worth a look!

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