Flat for sale in The Exchange, 89 Marlowes HP1

The Exchange, 89 Marlowes, Hp1 1Eh

Yieldit are delighted to present to the market this wonderful first floor apartment which is situated in the attractive newly build development of The Exchange. The property would be suited to both owner occupiers looking to move straight in and a fantastic opportunity for investors, with a return close to 7% net at market rate rent of £1800pcm.

Internally consisting of open plan living area featuring fully-fitted kitchen, dining area and lounge; one double bedroom; additional single bedroom and modern family bathroom with three piece suite. The property also benefits from on site gym and allocated parking space.

The Exchange is in an ideal location for all the local amenities. Take a stroll along the Old Town High Street and browse the antiques and gift shops or visit the weekly markets. The Marlowes, Jarman Square, The Snow Centre, Cineworld and the Riverside shopping centres are just a short walk away and are home to many independent and high street favourites, while foodies will find a huge variety of cafés, bars and restaurants on your doorstep.

Financial Breakdown

Gross Rent: £21,600.00
Net income: £20,400.00
Gross yield: 7.58%
Net yield: 7.16%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07925