Fear not, unlike Unicorns, pots of gold at the end of rainbows, and free lunches it is (contrary to popular belief) possible for even those on a budget to buy a property in St Albans.
http://www.rightmove.co.uk/property-for-sale/property-34317696.html
Take this example of a great studio flat in St Albans - about 10-15 minutes walk to town, within striking distance of the park, just a stones throw from Batchwood Golf and Racket club and moments away from the M1 junctions 8 and 9 and the M25 by car, with the A1(M) slightly further away, Redbourn, Hemel Hempstead AND Harpenden easily accessible from this location, a convenience store just yards away and free on street parking, this is an absolute gem for a first time buyer.
Does is stack up investment wise? Yes, in fact it's not too bad considering the average yield in the St Albans area - your capital growth might be a little slower than you might prefer, however if you give it a little leg-up you could ask £695 per calendar month and at this price you'll see a nice return of 4.8% which is above average for St Albans.
Why not try making an offer and see what the owners say - you've got nothing to lose!
It's on with Your Move but I can only see it on Rightmove and not on their website - hurry or it might be gone!!!
No comments:
Post a Comment