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2 bed flat
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Our Summary
- FOR SALE BY LIVESTREAM AUCTION WEDNESDAY 19TH AUGUST 1
- With a 989-year lease, this is a low-maintenance, long-term investment opportunity that would make an excellent addition to an established property portfolio or a strong first buy-to-let investment
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
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Description
This modern second-floor executive apartment is a 667 sq ft property with two shower rooms, situated in a prestigious town centre development. It features a high-specification finish, secure entry, a concierge service, and excellent access to public transport links and local amenities. The apartment has an open-plan lounge/kitchen area, two double-glazed bedrooms, and two en-suite shower rooms.
It also has a communal patio and is located in a building with a 989-year lease. The property is ideal for a professional tenant, with a 10.7-11.5% gross rental yield and a current rental income of £15,000 per year.