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Arundel House, Arundel Street 2 bed apartment for sale
Arundel House, Arundel Street
£63,000
Arundel House, Arundel Street
£63,000
Our Summary
- PROPERTY DESCRIPTION Full DescriptionTenure: Leasehold – 95 years remainingFantastic Investment Opportunity – High Rental YieldThis spacious two-bedroom apartment presents a superb investment opportunity, situated in a prime residential location and currently generating an annual rental income of £11,400, delivering an impressive 18
- Additional Information:Flood Risk: Very low (surface water)Mobile Coverage: O2, EE, Three, and VodafoneConstruction: System-built, as originally constructed, no insulationBroadband: Standard and ultrafast broadband available Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer andseller to complete within a 56 Day Reservation Period
- Modern Method of Auction
- Sold by Modern Auction(T&Cs apply)
- Sold by Modern Auction(T&Cs apply)
Description
This leasehold two-bedroom apartment is a fantastic investment opportunity, offering a high rental yield of 18.10% based on the guide price. The property is located on the second floor of a building in a prime residential area, with easy access to local amenities, shops, restaurants, and excellent transport links. The apartment features well-proportioned living space, including an open-plan kitchen/living/dining area, two bedrooms, and a bathroom. With a current annual rental income of £11,400, this property presents a rare opportunity for investors to generate significant returns. The auctioneer notes that the property is being sold using the Modern Method of Auction, allowing for a 56-day reservation period.