2 bedroom flat for sale

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2 bedroom flat for sale

Velocity West, City Walk
£190,000

Our Summary

  • Perfect first time buyer apartment or investment opportunity, the property is let until March 2025 with rental income currently of £1100 per month, 7% gross return

Description

This two-bedroom, two-bathroom apartment in Velocity West is a fantastic opportunity for a first-time buyer or investor. The property features an open-plan living room and kitchen with modern appliances, two spacious double bedrooms, including a primary bedroom with a large built-in wardrobe and en-suite bathroom. The additional bathroom has a three-piece suite and tiled flooring. The apartment comes with secure under-croft parking and electric gates, as well as on-site concierge. The property is currently let until March 2025, generating a rental income of £1,100 per month, offering a 7% gross return. With a leasehold tenure of 999 years from 2003, annual service charges of £1,300, and ground rent of £200, this property is a well-presented and practical choice.
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