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2 bed flat
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Price History
Our Summary
- This well-presented two-bedroom on 1st floor flat offers an excellent investment opportunity, currently tenanted and generating a strong gross yield of 7
- The property also boasts an Energy Performance Certificate rating of D, with the potential to improve to C, ensuring energy efficiency and lower utility costs
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Description
A two-bedroom first-floor flat is situated in a popular residential area with local amenities and transport links nearby. The property benefits from a long leasehold of approximately 103 years remaining, Council Tax Band A, and on-street parking. The interior features a spacious lounge, functional kitchen with ample storage, two well-proportioned bedrooms, and a modern bathroom, with an Energy Performance Certificate rating of D.
The flat is currently tenanted, generating a strong gross yield of 7.9% per annum, and has potential for future growth with a possible rent increase to £595 per month. The property offers excellent investment potential with substantial leasehold tenure, strong rental returns, and minimal maintenance requirements.