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Weavers Close, Stalham 1 bed apartment for sale
Weavers Close, Stalham
£110,000
Weavers Close, Stalham
£110,000
Our Summary
- Offering a potential rental income of £650pcm and a strong yield of approximately 6
- 5%, it presents an excellent investment opportunity
- The PropertyThis modern ground-floor apartment presents an exciting opportunity for first-time buyers, with the added benefit of no stamp duty and the potential for mortgage repayments lower than rent, making it an affordable step onto the property ladder
- For buy-to-let investors, this property offers strong potential for rental income, with a suggested rent increase to £650-£700pcm, which would yield an attractive return on investment at around 6
- Combining the potential for first-time buyers with its appeal for investors, this apartment offers a wealth of possibilities
- 5%, making it an excellent investment opportunity
Description
This modern ground-floor apartment is a great opportunity for both first-time buyers and investors. With a potential rental income of £650pcm and a strong yield of approximately 6.5%, it's an excellent investment opportunity. The apartment features a spacious sitting room, fully equipped kitchen, and good-sized bedroom, providing a comfortable living space. Located near Stalham Town Centre, residents enjoy a peaceful setting with easy access to local amenities. The property also includes a communal garden, allocated parking, and extra storage. With vacant possession and no onward chain, this property offers a hassle-free purchase for both first-time buyers and investors.