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Rodbourne Road, Rodbourne, Swindon... 1 bed block of apartments for sale
Rodbourne Road, Rodbourne, Swindon, SN2 2AF
£260,000
Rodbourne Road, Rodbourne, Swindon, SN2 2AF
£260,000
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 eachBillboard advertising space, with potential income of £2,000 per year
- 75% yieldPotential income: £24,400 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 featuring two modern, self-contained one-bedroom flats, each with a lounge, bedroom, bathroom, and kitchen. The property also boasts a private garden, four parking spaces, and a billboard with potential income of £2,000 per year. The flats are currently let at £850 per month each, generating a total annual income of £22,500, representing an 8.75% yield. With potential to increase returns through optimisation of external assets, this is an ideal investment opportunity for seasoned investors or those seeking a strong, stable addition to their portfolio.