Is it ever wise to Guarantee a yield*?

savills-280000

Savills are offering this one bedroom apartment with a *5% Guaranteed yield available. I think this is both Interesting and very brave, however I wouldn’t see this property as a particularly good investment at the current asking price of £280,000. There is no argument that it’s location is good but at 388 sq ft this will undoubtedly put a lot of renters off particularly if you’re going to be asking the £1,175 PCM that you would need to achieve to get that 5% yield.

http://www.rightmove.co.uk/new-homes-for-sale/property-62074922.html

 

Leave a Reply