£95,000
1 bed flat for saleLindon Court, Bryant Road, Rugby, Warwickshire CV23
1 bed
1 bath
1 reception
EPC Rating: C
- Leasehold
Yieldit
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About this property
Investment opportunity
Tenant in situ
Generate income right from completion
Near a 6% return on investment
Top floor apartment
One double bedroom
Modern decor
Well maintained by current tenant
900+ year lease
Allocated parking space included
Lindon Court, Bryant Road, Rugby, Warwickshire, CV23 0Uu
Yieldit are pleased to offer this high yielding low maintenance property for sale to investors. With tenant already in situ, you can enjoy immediate income right from completion and invest in one of the UK's most centrally and conveniently positioned towns.
Located on the top (2nd) floor of this purpose-built development is this modern apartment. Consisting of open plan living area, fully-fitted kitchen with integrated appliances, Juliette balcony, double bedroom and bathroom with three-piece suite and shower over bath. The property also includes an allocated parking space.
Rugby is a picturesque town in the West Midlands and an excellent location to invest in buy-to-let property. It sits at the centre of the UK motorway network, making travel to anywhere in the UK hassle free. The town centre also has a mainline train station with links to Birmingham city centre in 30 minutes and London in an hour. There is plenty to see and do in the town itself too, being home to Museums, Art galleries, parks, canals and Kenilworth Castle - one of England's finest and most extensive castle ruins.
Please note, lettings and management fees may appiy.
Financial Breakdown
Gross Rent: £7,200.00
Net income: £5,800.00
Gross yield: 7.58%
Net yield: 6.11%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07847
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Tenure
Leasehold (980 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review