Just minutes away from West Street, this two bedroom apartment for sale in Mandale House is offered at £135,000.
I would be surprised if this property would achieve offers for the asking price. I would expect around £125,000 to be a more realistic expectation.
The property will make an excellent investment with rents achieving up to £825pcm. The yield on this property could be a staggering 7.9%
Although service charges can be high, the rental return makes it worthwhile.
The demand for rental properties in Mandale House increases every year as it is in a prime location for both Universities and even offers parking in the same building, which in many buildings, this is hard to come by.
I’d suggest looking at the current market and checking out the sold prices in the last few months to ensure you’re not over paying!