Leopold Square is immensely popular. 

In the city centre you don’t come across many apartments with much character, Leopold Square is exception to this. Formerly a school, Leopold Square has been made into residential apartments. There are still signs of the old school everywhere!

This property is currently let at £895 per month, but I feel there is potential to achieve £950 for the immediate future and £1,000 in the next few years.

At the asking price and at the current rent, the yield is only 4.83%, if the rent was £1,000 and the price was reduced to £200,000, the yield would still only be at approximately 6%. As a buy-to-let this wouldn’t be the best as the service charges are relatively high in this development with all apartments no matter how large or small paying the same amount.

I feel that this property would be a great place to live in, but for an investment it wouldn’t be for me.