ROI = 14% BMV = 25.85%
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Description
REF: WA0517Discover a fantastic investment opportunity with this spacious three-double-bedroom flat situated in a prime location above commercial premises on Tuckton High Street. This property offers substantial rental income, currently achieving £1200 per month, making it an ideal addition to any property portfolio.Upon entering, you'll be greeted by a welcoming entrance hall that leads to three generously sized double bedrooms, each providing ample space for tenants or future occupants. The large kitchen/diner is perfect for both cooking and entertaining, and it includes a convenient small pantry for additional storage. The good-sized bathroom features an overhead shower, ensuring comfort and practicality—the property benefits from gas central heating, providing warmth and efficiency throughout the flat. With a 200-year lease remaining and an annual ground rent of only £50, this investment promises long-term security and minimal ongoing costs.This flat is perfectly positioned on Tuckton High Street, offering easy access to local amenities, shops, and transport links. Don't miss this rare opportunity to secure a high-yielding investment in a sought-after area. Please reach out to us today to arrange a viewing and explore the potential of this great property.Investment Only
Find out MoreProperty Details
- Property ID: 149883971
- Added On: 2024-07-05
- Deal Type: For Sale
- Property Price: £220,000
- Bedrooms: 3
- Bathrooms: 1.00
Amenities
- REF: WA0517
- GREAT INVESTMENT OPPORTUNITY
- Spacious entrance hall
- Three good-sized double bedrooms
- Large kitchen/diner with a small pantry
- Good-sized bathroom with overhead shower
- Gas central heating
- 200-year lease remaining
- Low annual ground rent of £50
- Currently rented at £1200 per month
