Buckwell, Wellington TA21 4 bed block of apartments for sale

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Buckwell, Wellington TA21 4 bed block of apartments for sale

Buckwell, Wellington TA21
£260,000

Our Summary

  • A detached Freehold pair of two bedroom apartments 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 detached Freehold pair of two-bedroom apartments, Greenclose and Fenton, is being sold with no onward chain and offers a potential gross yield of 7-8%. Both apartments have been upgraded and feature open-plan living areas, modern kitchens, and two double bedrooms. Greenclose, the ground-floor apartment, is currently tenanted for £895 per month, while Fenton, the first-floor apartment, has previously been let for £750 per month and is likely to achieve £800 per month. The property is set in an elevated position with a shared courtyard garden and is just a short stroll from the town centre. The town of Wellington offers a range of amenities, including shops, educational facilities, and leisure activities. The property is Leasehold with a 999-year lease beginning from 1st January 2020, and the Freehold of the building will be transferred to the new owner upon completion of the sale.