Offers over
£144,000
(£297/sq. ft)
1 bed flat for saleWarwick Road, Kenilworth CV8
1 bed
1 bath
1 reception
484 sq. ft
EPC Rating: B
- Leasehold
Let Property
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About this property
Buy-to-Let Opportunity
Long Term Tenants Currently Situated
Likely to attract enquiries from Serious Investors & Developers
Well Maintained Property
Modern Kitchen
Modern Bathroom
Easy Access to Local Amenities
Investment potential detailed below (Let Property Pack)
A spacious and well-kept 1-bedroom Flat located in Kenilworth. There are various valuable amenities within walking distance of the property and it can generate rewarding rental returns.
For investors looking for a reliable, long-term investment, this is a brilliant opportunity!
The home is in great condition and features 1 bedroom, a lounge, a bathroom, and a kitchen.
Investment details
It currently produces an annual gross income of £9,540 which could be increased by the new owner to a market rate of £10,104 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.
For greater details on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Let Property Sales is committed to facilitating a smooth transaction process and allowing for maximum commitment to the sale from both parties, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.
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More information
Tenure
Leasehold (116 years)
Service charge
£1,800 per year
Council tax band
B
Ground rent
£252
Ground rent date of next review