£135,000
2 bed flat for salePasteur Drive, Swindon SN1
2 beds
2 baths
1 reception
EPC Rating: B
Reduced on
About this property
Modern apartment
Two double bedrooms
Fitted kitchen
Popular location
Can be offered with tenant in situ
First floor
Allocated parking
McFarlane Sales & Lettings are delighted to offer this spacious and well-presented first floor apartment in the popular area of Old Town.
Located within walking distance of local shops, schools and other amenities, this property briefly comprises an entrance hall, spacious open-plan living/dining room with modern fitted kitchen, master bedroom with en-suite, a second double bedroom and a modern family bathroom with shower over bath.
Further benefits include electric heating, secure fob entry system and off-road parking for one car.
An ideal opportunity for both first-time buyers and investors, the property is currently occupied by a tenant and can be offered to the market with tenant in situ The current rental income is £1,025 per calendar month, providing an annual rental income of £12,300 and a gross rental yield of approximately 9.11% based on the asking price of £135,000
This makes the property an attractive proposition for investors seeking an established rental income, while also offering potential appeal to first-time buyers looking to take their first step onto the property ladder.
Council Tax Band: C
EPC Rating: B
Leasehold: 125 years from 2006.
Ground Rent £99 every 6 months.
Service charge £1,548.00.
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More information
Tenure
Leasehold (104 years)
Service charge
£1,548 per year
Council tax band
C
Ground rent
£198
Ground rent date of next review
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