Buckwell, Wellington TA21 2 bed apartment for sale

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Buckwell, Wellington TA21 2 bed apartment for sale

Buckwell, Wellington TA21
£135,000

Our Summary

  • A two bedroom first floor apartment offered for sale with no onward chain, with a potential gross yield of 7-8% creating the perfect opportunity for an investor
  • Fantastic investment opportunity

Description

This two-bedroom first-floor apartment, Fenton, is a great investment opportunity with a potential gross yield of 7-8%. The property boasts an open-plan sitting/dining room and kitchen, two double bedrooms, and a family bathroom with a shower over the bath. With a short walk to the town center, Fenton has previously been let at £750 per month and is likely to achieve £800 per month in the current market. The property is set in an elevated position with steps leading to a shared courtyard garden. As a leasehold property, the 999-year lease begins from January 2020, and a 50% share of the freehold will be transferred upon completion of the sale. Located in Wellington, a popular market town, the property offers easy access to shops, educational and leisure facilities, and regular bus services to surrounding areas and the county town of Taunton.