2 bedroom apartment for sale

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2 bedroom apartment for sale

Waverley Court, Waverley Street OL1
£110,000

Our Summary

  • SUMMARY * BTL INVESTMENT OPPORTUNITY - SOLD WITH TENANT IN SITU - TENANT PAYING £560PCM - LONG STANDING SINCE 2013 - GROSS YIELD 6
  • 11% * An investment opportunity with a long standing tenant in situ

Description

This investment opportunity features a long-standing tenant who has been paying £560 per month since 2013, generating a gross yield of 6.11%. The ground-floor apartment, located in a neutral decor, includes an entrance hallway, open-plan kitchen/living room, two double bedrooms with the master having an en-suite, and a bathroom with a three-piece suite. The property also comes with allocated parking. The lease started in 2007 and has 980 years remaining, with a service charge of £2468.78 per annum. The property is being sold with a tenant in situ, and a reservation fee may be required to secure the property.
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