Just added

£180,000

(£299/sq. ft)

2 bed flat for sale
Birch End, Warwick, Warwickshire CV34

    • 2 beds

    • 2 baths

    • 1 reception

    • 603 sq. ft

  • EPC Rating: C

  • Leasehold

Added on

Leaders - Kenilworth

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About this property

  • Two-bedroom residential flat

  • Two bathrooms

  • Well-suited layout for the rental market

  • Located in an established residential area of Warwick

  • Convenient access to local amenities, shops and services

  • Good transport connections and access to surrounding areas

  • Sold tenant in situ

  • Currently achieving £1,000 per calendar month

An attractive investment opportunity comprising a well-located two-bedroom, two-bathroom flat in Warwick. The property offers well-proportioned accommodation with a layout particularly well suited to the rental market, making it an appealing addition to an investor’s portfolio.

The flat is currently occupied by a tenant and is being sold tenant in situ, providing the incoming investor with an established rental income from completion without the immediate requirement to source a new tenant. The current rent is £1,000 per calendar month, generating £12,000 per annum in gross rental income.

The property benefits from two bedrooms and two bathrooms, providing practical and desirable accommodation for a range of tenants. The layout, combined with the allocated parking space, adds further appeal within the rental market and makes the property well suited to professional or long-term tenants.

The flat also benefits from one allocated parking space. The service charge is approximately £2,000 per annum, with a ground rent of approximately £185 per year. The property is held on a long lease with approximately 165 years remaining.

Situated in Warwick, the property is positioned within an established residential area with access to a range of local amenities, shops, services and transport links. Warwick is a popular and well-connected location, offering convenient access to the town and surrounding areas, which supports continued demand for quality rental accommodation.

For an investor, the key attraction is the combination of a two-bedroom, two-bathroom property, allocated parking, a long lease, an existing tenant and proven rental income of £1,000 per month. With the property already occupied, this presents a straightforward opportunity for an investor seeking an income-producing residential asset without the immediate costs and uncertainty associated with finding a new tenant.

The property is available to investors only and is being sold with the existing tenant in situ.

The property is currently subject to a managed tenancy agreement and is being sold with tenants in situ. The tenancy has been in place since 11.03.26 producing a gross yield of approximately 6.7% based on the asking price. The minimum initial tenancy term is 12 months. Buyers should note that vacant possession purchasers will be required to provide a minimum of four months’ notice following an agreed sale. Full tenancy and lease information is available from the agent, and all interested parties should make their own enquiries prior to proceeding.

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Property descriptions and related information displayed on this page are marketing materials provided by - Leaders - Kenilworth. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Leaders - Kenilworth for full details and further information.