1 bedroom apartment for sale

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1 bedroom apartment for sale

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 top floor apartment in Ryde offers stunning sea views and residents' parking, with the added benefit of a newly renewed lease. Located in the heart of the coastal town, it's just a short walk from the town centre, train station, ferry links, and the seafront, making it an attractive prospect for both rental and long-term investment. The property presents excellent scope for refurbishment, offering a strong opportunity for investors to modernize and achieve a rental income of around £750 per month, representing a potential gross yield of 12.9% per annum.