For sale

• Investment Purchase - Tenanted
• Council Tax Band B
• Ground Floor
• Allocated Parking
• 8.70% Gross ROI
• Viewings by Appointment Only

INVESTMENT OPPORTUNITY I TENANT IN SITU I 8.7% ROI I
This ground floor apartment promises an exceptional return on investment, boasting an impressive gross yield of 8.70%.

ABC Property Shop proudly presents this ground floor, two-bedroom apartment nestled within the esteemed Grosvenor Wharf development.



This property offers a lucrative investment opportunity, already tenanted and sold with the current tenant in place. Achieving a rental income of £725 per month, and priced at £100,000, it yields an impressive gross ROI of 8.70%.



Featuring one double and one single bedroom, a family bathroom with an over-bath shower, a fitted kitchen with integrated hob and oven, and a generously sized lounge, this apartment offers comfortable living. Additionally, it comes with allocated parking and secure entrance facilities.



At ABC Property Shop, we have consistently let this property since 2009. The current tenancy began in July 2023 under an Assured Shorthold Tenancy (AST). Further details are available upon request.



The vendor states the service charge and ground rent combined amount to £110.09 per month. With a lease remaining term of 134 years, this property presents a compelling investment opportunity.



Disclaimer
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. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements are approximate.