>
1 bedroom block of apartments for sale
Rodbourne Road, Rodbourne, Swindon, SN2 2AF
£250,000
Rodbourne Road, Rodbourne, Swindon, SN2 2AF
£250,000
Our Summary
- Investment Opportunity - Two Modern Flats, Garden, Parking & Billboard IncomeMoovahome proudly presents this exceptional freehold investment property, offering two self-contained one-bedroom flats, each finished to a modern standard
- This is an ideal investment opportunity with all compliance (Gas , EICR and EPC) in place
- Additional IncomeFour parking spaces, with potential to rent two unused spaces for around £1,000 per year each
- 75% yieldPotential income: £24,500 per annum – offering an impressive 9% return on investmentThis is a rare opportunity to acquire a fully let, income-generating freehold with scope to increase returns through optimisation of external assets
Description
Moovahome presents a unique investment opportunity with a freehold property consisting of two modern, self-contained one-bedroom flats, each recently refurbished and currently let at £850 per month. The property also features a private garden and four parking spaces, offering additional income potential. The flats are fully compliant with all necessary certifications, including Gas, EICR, and EPC. The property generates a current total income of £22,500 per annum, representing an 8.75% yield, with potential to increase to £24,500 per annum, offering a 9% return on investment. This is a rare opportunity for seasoned investors or those seeking a stable addition to their portfolio, with scope to optimize external assets and increase returns.