2 pictures
Flat
·
for sale
£ 99,500
flat for sale
B44
· Flat
· Equipped kitchen · Parking
B44 · Flat · Equipped kitchen · Parking
Pear Tree Court, Rugeley, WS15 1HF Exceptional Buy-to-Let Investment north of Birmingham An excellent opportunity to acquire a tenanted, income-generating one-bedroom apartment in a well-established residential development in Rugeley. Extending to approximately 493 sqft, the property comprises a spacious living area, fitted kitchen, double bedroom, and bathroom, and a garage offering a practical layout that appeals to long-term tenants. The flat is currently let at 580 per calendar month, providing immediate rental income from day one. The property is leasehold with approximately 105 years remaining, and benefits from low annual outgoings, including a ground rent of 150 and a service charge of 262. Management is already in place, making this a turnkey, hands-off investment suitable for both new and experienced landlords. Investment Highlights Producing 580pcm (6,960 per annum) Net yield: 6.6% Management in place Low service charge and ground rent 105-year lease remaining Strong tenant
Pear Tree Court, Rugeley, WS15 1HF Exceptional Buy-to-Let Investment north of Birmingham An excellent opportunity to acquire a tenanted, income-generating one-bedroom apartment in a well-established residential development in Rugeley. Extending to approximately 493 sqft, the property comprises a spacious living area, fitted kitchen, double bedroom, and bathroom, and a garage offering a practical layout that appeals to long-term tenants. The flat is currently let at 580 per calendar month, providing immediate rental income from day one. The property is leasehold with approximately 105 years remaining, and benefits from low annual outgoings, including a ground rent of 150 and a service charge of 262. Management is already in place, making this a turnkey, hands-off investment suitable for both new and experienced landlords. Investment Highlights Producing 580pcm (6,960 per annum) Net yield: 6.6% Management in place Low service charge and ground rent 105-year lease remaining Strong tenant
£ 99,500