Features
- 2 Bedrooms
- £875 PCM rent
- Income Producing
- 11.6% Gross Yield
- Close to City Centre
Investment Opportunity – 2 Bedroom City Fringe Apartment | 11.6% Gross Yield - Currently rented for £875 (Tenants pay their own bills)
A fantastic opportunity to acquire this well-located two-bedroom apartment, ideally positioned within convenient reach of the city centre, making it highly attractive to both student and residential tenants.
The property comprises a spacious open-plan kitchen and lounge area, offering a modern, sociable living space, alongside two well-proportioned bedrooms and a contemporary bathroom.
Currently let to a working family for £875pcm month (bills included), the property delivers an impressive 11.6% gross yield before costs, making it a strong, ready-made investment.
Key Investment Details:
Two bedroom apartment
Large open-plan kitchen / lounge
One bathroom
Currently rented at £875PCM (bills excluded)
11.6% gross yield before costs
Ground rent: £200 per annum
Service charge: £1,373.95 per annum
Lease length: To be confirmed
Situated in a convenient, high-demand location close to the city centre, the property benefits from consistent tenant demand from both students and young professionals alike.
Gated parking to rear.
An ideal turnkey investment with strong current income and future letting flexibility.
Buyers Notice: Agents are required by law to conduct anti-money laundering checks on all those buying a property. This could include proof of funds and source of funds, verifying lending and ID checks.
Tenure: Leasehold
Reference: RS0117