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2 bed property, in Flat 4, £120,000
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2 bed terraced house

Flat 4, 1st Flloor Apartment, 18 Foregate Street WR1
Auction Cash Buyers
£120,000

Our Summary

  • For Sale via Modern Auction- Secured Sale
  • Investment Opportunity – Corporate Tenanted Flat Sold via Auction A well-presented and income-producing flat offered for sale by auction with tenants in situ, making it an ideal opportunity for investors seeking an immediate rental return
  • This is an excellent opportunity for buy-to-let investors, portfolio landlords, and cash buyers looking to acquire a ready-made investment with ongoing income
  • Key Features: Sold via auction Corporate tenancy in place Immediate rental income £1180pcm to May 2027 Popular residential location Good transport connections Ideal investment purchase Potential for future capital growth Ground rent £75 pa , service charge 2026 £1700 pa

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Description

The property is a first-floor flat in a former 1958 Post Office building, situated in a popular residential location with good transport connections. The flat has a south-west facing living room with an open-plan kitchen, two well-proportioned bedrooms, and a modern bathroom. The principal bedroom features a double aspect and Juliette balcony, while the high ceilings and tall double-glazed windows create a spacious feel throughout.

The property benefits from immediate rental income of £1,180 per month to May 2027, and offers potential for future capital growth.