2 bedroom apartment for sale

>

2 bedroom apartment for sale

Jacobs Oak, Ashford
£140,000

Our Summary

  • The property is suitable for cash buyers with 78 years remaining lease but offers potential for a hearty yield of around £12000 per annum although the current rental income has been stuck at a lower level for some time

Description

This two-bedroom ground floor apartment is currently rented and has been occupied by the same tenants for over 8 years. Located in a popular area, it's within easy reach of the town centre, station, and motorway network, making it a desirable location for tenants. The property has a remaining lease of 78 years and offers potential for a yield of around £12,000 per annum, although the current rental income has been stagnant for some time. With its proximity to the William Harvey Hospital, it's a popular choice among the nursing community, providing a steady source of excellent tenants.
Finance This Property