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Property ID: 216174701
Offers Over
£187,000
Location
Queripel Close, Tunbridge Wells
Size
613
Tenure
Leasehold
Bedrooms
1
Type of property
Flat
Current Yield
6.3%
Monthly Income
£975
Property Information

Our latest listing is a 1-bedroom flat located in Tunbridge Wells. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has tenants currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-maintained home features one bedroom, a modern bathroom, and an open-plan living space for the kitchen and lounge.


Investment details

It currently produces an annual gross income of £11,700 which could be increased by the new owner to a market rate of £12,396 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail 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 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 are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Letting Agency Fees
Ownership CostsWhat are these?
Calculated Returns
Paisley benefits from an average of 4.5% capital growth. Learn more
Purchase Costs
Based on monthly income of
£975
Cashflow p/m
975
Current Yield
null%
Based on potential rent of
£1,033
Cashflow p/m
1033
Potential Yield
null%
Monthly Income
£975 pcm
Potential Rent
£1033 pcm
Length of Tenancy
Moved in within the last 2 years
Tenant Means of Funding
SELF_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
141.67
Factor Name
unknown
Total Estimated Costs
141.67
Not available for this property
Not available for this property
Not available for this property
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Running Costs
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
141.67
Factor Name
unknown
Total Estimated Costs
141.67