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Flat
·
for sale
£ 140,000
2 bedroom flat for sale
IP14
· 2 Bedrooms · 1 Bath · Flat
· Equipped kitchen · Parking
IP14 · 2 Bedrooms · 1 Bath · Flat · Equipped kitchen · Parking
Guide Price £140,000 – £145,000An excellent opportunity to acquire a two bedroom ground floor apartment on Rockingham Road, Bury St Edmunds, offered for sale with a tenant in situ and currently producing a rental income of £1,050 per calendar month. The accommodation comprises an entrance hall, two bedrooms, bathroom and a generous open-plan kitchen/dining/living area, providing a modern and practical layout. The property further benefits from an allocated parking space.For investors, the current rental income of £12,600 per annum represents an attractive gross rental yield of approximately 9.00% at £140,000 or 8.69% at £145,000. The property also benefits from an exceptionally long lease with approximately 965 years remaining.Annual charges:Service charge: £2863.89 Per annumGround rent: £144.80 Per AnnumTotal: £3008.69 per annumWith a tenant already in situ, an established rental income, long lease and allocated parking, this represents an appealing buy-to-let investment opportunity i
Guide Price £140,000 – £145,000An excellent opportunity to acquire a two bedroom ground floor apartment on Rockingham Road, Bury St Edmunds, offered for sale with a tenant in situ and currently producing a rental income of £1,050 per calendar month. The accommodation comprises an entrance hall, two bedrooms, bathroom and a generous open-plan kitchen/dining/living area, providing a modern and practical layout. The property further benefits from an allocated parking space.For investors, the current rental income of £12,600 per annum represents an attractive gross rental yield of approximately 9.00% at £140,000 or 8.69% at £145,000. The property also benefits from an exceptionally long lease with approximately 965 years remaining.Annual charges:Service charge: £2863.89 Per annumGround rent: £144.80 Per AnnumTotal: £3008.69 per annumWith a tenant already in situ, an established rental income, long lease and allocated parking, this represents an appealing buy-to-let investment opportunity i
£ 140,000