2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- Tenants In Place
- Buy To Let Investment
- Investment opportunity
- Potential rent £615/pcm
- Potential yield 8.2%
Exceptional Ground Floor 2-Bed Flat - Perfect for Investors!
This well-presented ground-floor 2-bedroom flat offers a fantastic opportunity for investors seeking solid rental returns. Currently tenanted at £550pcm with potential to increase to £615pcm, this property represents an excellent investment with scope for growth.
Key Features
Spacious Layout: The floorplan boasts a well-utilized 49 sqm (528 sq ft) of internal space. The lounge diner (10'6" x 14'3") provides a generous living area, perfect for tenants seeking comfort and versatility.
Modern Bedrooms: Two well-proportioned bedrooms, including a master bedroom (12'3" x 9'9") and a second bedroom (8'7" x 6'7"), ideal for small families or professional sharers.
Functional Kitchen and Bathroom: A compact yet practical kitchen (7'8" x 8'10") with ample storage, and a modern bathroom complete the interior.
Ground Floor Convenience: Easily accessible, making it appealing to a broad tenant base.
Investment Highlights
Tenancy in Place: Already generating income at £550pcm, with potential to grow rental yield.
Strong Capital Value: Current market value estimated at £85-90k, offering great affordability and potential capital appreciation.
Leasehold Benefits: 125 years remaining with no service charge or ground rent, minimizing ownership costs.
Compliance Assured: All legal and compliance certificates are up to date, ensuring a hassle-free purchase.
Situated in a desirable location, this property is an investor's dream. With its attractive price point and excellent rental prospects, it won't be on the market for long. Whether you're expanding your portfolio or entering the buy-to-let market, this flat offers exceptional value and returns.
Act fast - properties like this don't stay available for long!
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Broadband availability and predicted speed: obtained from Ofcom on December 9, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 9, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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