2 Bed Apartment For Sale

At a Glance

* Purpose-Built Apartment - 2 Bedrooms & 2 Bathrooms

* Approx. 700 sq ft of well-planned living space

* Allocated Parking Space

* EWS1 Certified - full peace of mind

* 980-year lease (approx.) with modest ground rent and service charge

* Reliable tenants in situ

* Current Rent: £1,150 pcm (scope to increase to £1,150 pcm)



Property Highlights

Contemporary Living Space

This stylish purpose-built apartment boasts an open-plan lounge and kitchen with modern fittings, two generous double bedrooms, and two sleek bathrooms, including an en-suite. With approximately 700 sq ft, the layout is ideal for professionals or sharers.

Low-Maintenance Investment

No extensions or major works have been carried out, and the property is in good condition throughout, reducing ongoing maintenance costs.

Allocated Parking

A dedicated parking space adds to tenant appeal and convenience.



Tenancy Details

* Reliable tenants on a rolling contract

* Current rent: £1,150 pcm

* Gross yield: 7.9%

* Net yield: 6.5%

* 99% historic occupancy rate with no arrears or complaints

* Currently owner-managed, no agency fees



Financial Snapshot

Item Amount

Current Rent (PCM) £1,150

Ground Rent (Per Annum) £400

Service Charge (Per Annum) £2,000



Key Selling Points for Investors

* Turnkey investment with strong tenants - immediate income stream.

* High rental demand area with proven appreciation.

* Long lease with low annual costs.

* EWS1 Certificate secured - mortgageable and compliant.

* Minimal management required.