2 bedroom apartment for sale

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2 bedroom apartment for sale

Frederick Place, Wokingham, Berkshire
£215,000

Our Summary

  • A note for investors: once refurbished, we are confident in achieving £1,350pcm for the apartment, creating a potential gross yield of 7

Description

This modern two-bedroom first-floor apartment is located in central Wokingham and offers a comfortable living space. The property features a bright entrance hallway, a lounge/dining room with wood laminate flooring and a Juliet balcony, as well as an open-plan kitchen with appliances. The two bedrooms, including a large master bedroom, are both equipped with laminate flooring, and the bathroom boasts a shower. The apartment also benefits from uPVC double glazing, gas radiator central heating, and allocated off-street parking. With a remaining lease of 100 years, investors can expect to achieve a potential gross yield of 7.2% once refurbished, with a rental value of £1,350 per month. Additionally, the service charge is £1,661.28 per annum, and the ground rent is unknown.