2 Bed Apartment For Sale

*** SUPERB BUY TO LET OPPORTUNITY *** GROSS YIELD RETURN OF 7.4% *** ALREADY HAS A TENANT IN PLACE *** LOW GROUND RENT AND SERVICE CHARGE *** A REAL HANDS OFF INVESTMENT *** CONTACT GRAHAM DAVIDSON FOR MORE INFORMATION ***

A two bedroom first floor apartment in the large village of Woodford Halse comprising of a large L shaped entrance hallway, lounge with double Juliette style balcony doors, good size kitchen, two double bedrooms, large fitted wardrobes to bedroom one, and a bathroom with an electric shower over the bath.

Ideal for a buy to let investor as the current tenant has just renewed their tenancy for another year.

the property generates a rental income of £7,800 PA (£650 PCM) and based on the asking price of £105,000 that delivers a healthy gross rental yield return of 7.4% PA

the ground rent and service charge levels are very low on this apartment meaning that they do not impact massively on the return on investment.

This is a perfect property for any investor looking for a completely hands off investment property.

The property comprises of a large L shaped entrance hallway, lounge with double Juliette style balcony doors, good size kitchen, two double bedrooms, large fitted wardrobes to bedroom one, and a bathroom with an electric shower over the bath.

Woodford Halse is a larger than average village located just off the A361 midway between the market towns of Banbury to the South and Daventry to the North. Both towns being around 8 miles distance. Both towns provide a great range of facilities and amenities with Banbury also having a mainline railway station (London 50 minutes, Oxford 20 minutes) and access to the M40 motorway junction 11.

Woodford Halse has more than usual village amenities including a primary school, a range of local shops, traditional butcher, florist, chemist, library, restaurant and a public house.

The village is surrounded by unspoilt rolling countryside with a number of points of interest including Fawsley Hall Hotel and Park, National Trust Canons Ashby, and the popular beauty spot of Badby Woods.

Many smaller picturesque villages surround Woodford Halse with many of these villages having cozy and quaint public houses and village stores.

There is a wide range of both independent and state schools in the area including Bloxham, Warwick, Rugby and Stowe.

The village is well served with a regular bus service connecting Daventry and Banbury.