Bickerton House, Leppings Lane, Hillsborough S6 with 6.7% Yield
Situated in a very popular area, this penthouse apartment is likely to be very popular with an asking price just beneath £115,000.
The property itself is in a very good and modern condition throughout and comprises; entrance hallway, living area, kitchen, bathroom and two bedrooms. All rooms are of very generous proportions and there is a bright and airy feel to this property. The slanted walls give this property a lot of character and make this property stand out from the crowd.
Such an apartment is an ideal buy-to-let property and on the lettings market a monthly rent of £600 to £650 could well be achieved. At the lower estimate a yield of 6.2% would be generated, whereas at this higher end you would be looking at a yield of 6.7%.
As always, with leasehold properties always check the service charge, ground rent and length of lease, but providing these are all of reasonable amounts, this property is certainly high up on the list of recommended buy-to-let properties.
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