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Wednesday, February 13, 2013

10% Yield Auction Opportunities

Landlords looking for an apartment block investment with a potential yield of over 10% should have a look at the particulars for this months Allsop's forthcoming residential auction.

St Lukes Place in Heywood near Rochdale offers the opportunity to purchase a block of 15 * 1 bed apartments half let on ASTs and potentially yielding well over a 10% yield at the auction guide price of £400 - 450,000.  The fact that half the apartments are empty may raise some questions from potential investors.

Total reserved rent from the 7 occupied apartment is £32,370. To view the details of these apartments just click on the link.

Landlord insurance - portfolio rates available

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