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LARGE ONE BEDROOM APARTMENT – TENANT IN SITU – DESIRABLE LOCATION -INVESTMENT BUYERS ONLY- POTENTIAL 7.4% GROSS YEILD –
A bright and airy one bedroom first floor loft apartment situated in a desirable location in a Grade II Listed building, within walking distance of various amenities including the Outlet Village, Swindon Town centre and Swindon Train station.
The property offers spacious nearly 700 sqft of living accommodation, double bedroom with fitted wardrobes, an open plan Kitchen/Diner/Living Room with integrated appliances including dishwasher, fridge/freezer, oven and hob with extractor hood and washing machine. The Bathroom comprises a bath with shower over, low level WC, heated towel rail and a wash basin. Externally, the property benefits from an allocated parking space as well as a sunny private courtyard for use of the residents of the building.
Estimated monthly rent would be £775, which would generate a 6.6% gross annual yield.
We have been advised that the leasehold has 988 years remaining, service charge for 2021 was £1056 (annual charge) and ground rent is £250 per annum.
Council Tax Band – B
EPC – D
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