Darwood Court, St. Ives 2 bed apartment for sale

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Darwood Court, St. Ives 2 bed apartment for sale

Darwood Court, St. Ives
£195,000

Our Summary

  • 4% yield per annum, making this a fantastic investment opportunity

Description

This first-floor apartment is located in a sought-after development in the town centre, within walking distance of amenities, main road links, and the Guided Busway to Cambridge. The property is currently tenanted, with a tenant paying £1,050 per month, generating a 6.4% yield per annum, making it an attractive investment opportunity. The apartment features a spacious lounge/dining room, two generous bedrooms, a modern kitchen, and a bathroom, as well as an allocated parking space and garden shed for storage. With a leasehold tenure and 956 years remaining, this property is an excellent first-time buy or for someone looking to downsize, with a service charge of approximately £550 per annum, combined with ground rent and insurance.