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2 bed flat
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Our Summary
- ST PAUL'S COURT, CRICKLADE ROAD, SWINDON, SN2 1AF We are pleased to present this excellent income-producing buy-to-let investment opportunity, currently tenanted and generating a reliable rental income in a sought-after residential location in Swindon
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Description
The property is a leasehold investment opportunity with a share of freehold ownership included, offering a 992-year lease and a zero ground rent liability. It is currently tenanted at £950 per month with no rental arrears and generating a gross yield of 7.86% and a net yield of 6.8%. The property is located on Cricklade Road in north Swindon, a well-established residential corridor with excellent transport links, local amenities, and proximity to the town centre.
The ongoing outgoings are modest, with a service charge of £1,560 per annum, and no lease extension costs are anticipated for generations.