Wednesday, February 13, 2013
10% Yield Auction Opportunities
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