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50 Wellington Terrace, Slough SL1 1 bed flat for sale
65 Verona Apartments, 50 Wellington Terrace, Slough, SL1 1YL
£120,000
65 Verona Apartments, 50 Wellington Terrace, Slough, SL1 1YL
£120,000
Our Summary
- We are excited to present this tenanted investment opportunity in Slough *** High Yielding Opportunity ****** Verona Apartments, 50, Flat 9, Wellington Street, Slough SL1 1YL previously sold for £245,000, 22 - 24, Flat 5, Wexham Road, Slough SL1 1UB previously sold for £ 250,000 ***For rental purposes, the property is currently tenanted at £1100p/m (£ 13,200 per annum)
- Sure to appeal to shrewd investors looking for an easily lettable, turnkey investment opportunity in an excellent location
- Property is located near a whole host of local amenities including many popular coffee shops, bars, delicatessens and restaurants - ***PRIME LOCATION*** Prime New Entry: Discounted tenanted investment opportunity in Slough
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- We are excited to present this tenanted investment opportunity in Slough * High Yielding Opportunity *
- We are excited to present this tenanted investment opportunity in Slough *** High Yielding Opportunity ***
Description
This tenanted investment opportunity in Slough, Verona Apartments, is a high-yielding property that offers a great return on investment. The property, which previously sold for £245,000 and £250,000, is currently tenanted at £1100 per month, generating a gross yield of £13,200 per annum. With the potential to increase the rental income to £1300-£1400 per month, the property could generate a gross yield of £15,600-£16,800 per annum. The property is located in a prime area with plenty of local amenities, including shops, restaurants, and transportation links, making it an attractive investment opportunity for shrewd investors. With a guide price of £160,000, this property is sure to appeal to those looking for a turnkey investment opportunity that can generate rental income from day one.