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1 bedroom apartment for sale
Union Road, Ryde, Isle of Wight
£70,000
Union Road, Ryde, Isle of Wight
£70,000
Our Summary
- The flat offers excellent scope for refurbishment, presenting a strong opportunity for investors
- Once modernised, the apartment is expected to achieve a rental income in the region of £750 per calendar month (subject to condition), representing a potential gross yield of approximately 12
- FOR SALE BY ONLINE AUCTION
- Requires minor refurbishment
Description
This one-bedroom apartment, located on the top floor of a purpose-built building, boasts stunning sea views and residents' parking. Situated in the desirable coastal town of Ryde, it's within walking distance of the town center, train station, mainland ferry links, and the seafront, making it an attractive prospect for both rental and long-term investment. The flat offers excellent scope for refurbishment, providing a strong opportunity for investors to modernize and achieve a rental income of around £750 per month, representing a potential gross yield of approximately 12.9% per annum.