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Property ID: 214619723
Offers Over
£143,000
Location
Warwick Road, Kenilworth, CV8 1HE
Size
484
Tenure
Leasehold
Bedrooms
1
Type of property
Flat
Current Yield
6.7%
Monthly Income
£795
Property Information

A spacious and well-kept 1-bedroom Flat located in Kenilworth. There are various valuable amenities within walking distance of the property and it can generate rewarding rental returns.


For investors looking for a reliable, long-term investment, this is a brilliant opportunity!


The home is in great condition and features 1 bedroom, a lounge, a bathroom, and a kitchen.


Investment details


It currently produces an annual gross income of £9,540 which could be increased by the new owner to a market rate of £10,104 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.


For greater details 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 lived in the property for several years and 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 is committed to facilitating a smooth transaction process and allowing for maximum commitment to the sale from both parties, a fully refundable buyer's 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
£795
Cashflow p/m
795
Current Yield
null%
Based on potential rent of
£842
Cashflow p/m
842
Potential Yield
null%
Monthly Income
£795 pcm
Potential Rent
£842 pcm
Length of Tenancy
4 years +
Tenant Means of Funding
SELF_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
150
Factor Name
unknown
Total Estimated Costs
150
Not available for this property
Not available for this property
Not available for this property
0
Running Costs
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
150
Factor Name
unknown
Total Estimated Costs
150