Studio flat for sale

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Studio flat for sale

Sumner House, 29 St Thomas's Road, Chorley PR7 1HP
£80,000

Our Summary

  • EXCELLENT BUY TO LET PROPERTY INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS

Description

This is an excellent buy-to-let investment opportunity in the heart of Chorley town centre, with a central location that's just a 5-minute walk from the train station and close to bars, shops, and restaurants. The stylish studio apartment features an open-plan living area with a sleeping area, fully-fitted kitchen, storage cupboard, and ensuite shower room. The apartment comes with allocated parking and a state-of-the-art smart heating system, and is situated on the fourth floor of Sumner House, an ideal investment for any landlord. The property is expected to provide a gross rent of £7,140.00, net income of £4,881.84, and a gross yield of 8.93%, with the potential for further growth in the area due to the expected population increase and rising house prices.
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