Offers in region of
£150,000
2 bed flat for saleThe Barracks, Barwell LE9
2 beds
2 baths
EPC Rating: B
- Leasehold
Raichand Properties
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About this property
Raichand Properties is proud to present a two-bedroom flat - perfect opportunity for both investors and homebuyers, offering a smart, modern living space and excellent financial returns.
The flat comprises a spacious open-plan kitchen and living area, perfect for modern lifestyles, two generously sized bedrooms, and a sleek, fully tiled bathroom featuring a walk-in shower and an ensuite. An allocated parking space is included with the property, providing convenience and security for residents or tenants.
Offered leasehold with 999 years remaining, this property offers long-term stability and low ownership costs. The service charge is just £540 per annum, ensuring the building remains well-maintained without significantly impacting yield or affordability.
Currently generating over £11,000 per year in rental income, the flat delivers a gross yield of approximately 7.5%, making it a strong investment for landlords looking to grow or stabilise their portfolio.
Whether youre an investor seeking a high-performing asset, a first-time buyer, or someone looking to downsize to a low-maintenance home, this property offers excellent value, strong rental demand, and a comfortable, practical layout.
Property Features:
- Two well-proportioned bedrooms
- Open-plan kitchen and living room
- Modern walk-in shower
- Ensuite bathroom
- Allocated parking space
- Long lease: 999 years remaining
- Service charge: £540 per annum
- Offers in the region of £150,000
- Rental income over £11,000 per annum
- Approximate gross yield: 7.5%
- Ideal for investors or owner-occupiers
Location & Amenities:
- Shops & Essentials: Local convenience stores, butchers, cafés, and takeaways within walking distance
- Schools: Barwell C of E Academy & Heath Lane Academy nearby
- Healthcare: Local gp surgery and pharmacy within 0.2 miles
- Transport: Regular bus routes to Hinckley & Leicester; Hinckley train station ~2.5 miles away
- Leisure: Parks, playing fields, and community centres close by
With a modern interior, strong rental income, long lease, and low annual costs, this flat is a standout opportunity in todays market. Ideal for those seeking a hands-off investment or a ready-to-move-in home with excellent local connections.
Interested? Contact Raichand Properties today to arrange a viewing.
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More information
Tenure
Leasehold (999 years)
Service charge
£540 per year
Council tax band
A
Ground rent
Ground rent date of next review