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1 bed flat
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Our Summary
- Offered For Sale with a Tenant in situ, the property is achieving £700pcm (with the potential to be £750pcm) offering an attractive gross yield of 10
- The location of the development provides easy access to the City Centre with its shopping and leisure facilities, including the new Animate project which is located a short walk away and houses a multi screen cinema, bowling alley and various restaurants
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Description
The apartment is a one-bedroom property situated in the Room Apartments development, with a spacious entrance hall and a modern open-plan kitchen/living room that benefits from natural light due to double doors leading to a balcony. The kitchen is equipped with a tall fridge/freezer, dishwasher, oven, and sink, along with ample cupboard space. The property also includes a bathroom with a bath and overhead shower, and a large double bedroom with plenty of space for furniture.
The building has a high-speed fibre connection and features an onsite caretaker and cleaner to maintain the property's appearance. It achieves a rental income of £700pcm with the potential to increase to £750pcm, generating a gross yield of 10.2% and a nett yield of 8%.