2 bedroom apartment for sale

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2 bedroom apartment for sale

Rivendale Court, Paynes Road
£175,000

Our Summary

  • ** INVESTMENT OPPORTUNITY - TWO BEDROOM APARTMENT WITH TENANTS IN SITU CURRENTLY ACHIEVING A RENTAL FIGURE OF £12,000 PA OFFERED WITH NO FORWARD CHAIN AND IMMEDIATE INCOME UPON COMPLETION **Presenting a well-proportioned and neutrally decorated apartment, excellently located and brimming with unique features, for sale as an attractive investment opportunity
  • In summary, this flat represents a compelling investment opportunity, combining a desirable location, neutral decor, and unique features with a robust rental yield

Description

This two-bedroom apartment is being offered as an investment opportunity with tenants in situ, currently generating a rental income of £12,000 per annum. The property boasts a spacious layout, with a generous kitchen, inviting reception room, and two double bedrooms, including an en-suite master bedroom. The apartment features a charming Juliet balcony and allocated parking, making it an attractive location for commuters and city dwellers. With an EPC rating of B, the property is energy-efficient and will appeal to environmentally conscious tenants and investors. The property is currently managed by LetCo and has a leasehold agreement in place until at least July 2025, providing immediate and assured income for the new owner. With its desirable location, neutral decor, and unique features, this property represents a compelling investment opportunity with a robust rental yield of 6.8%.
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