Redwood Grove is a popular location for rentals. With great access , we dont really have any problems letting them in this area. There are a lot of rental property but the quality differs , get a property in good condition and it will let without any issues.
We noticed this one bedroom flat which is keenly priced at £87,500 , at the full asking price you could achieve a return of 7.2% , as we feel a property of this quality could achieve £525 pcm.
One thing to consider is the length of lease, as this could affect the resale value and the opportunity to obtain a buy to let mortgage.
Also look at the block management company, and any additional costs. We are more than happy to guide you through this process, pop in and see us at our Tavistock Street office, or call us on 01234 290685
