Flat for sale in Swindon SN5, 1 Bedroom

We are pleased to present this great investment opportunity in this large one bedroom maisonette situated on the 1st floor.

The apartment boasts large airy rooms and neutral colours throughout, featuring a high specification fully fitted kitchen as well as a refurbished bathroom all following a modern design. The bedroom is light and spacious and includes a built-in wardrobe. The apartment as a whole is a lovely space, with no expense spared, it is being offered fully furnished.

The property is located in a lovely quiet residential area, local to all amenities and under 10 minutes away from Swindon Station.

The demand for houses in Swindon has dramatically risen with an influx of commuters moving to the area with the knowledge that they can get to central London within an hour from Swindon by train. Making it no surprise why Swindon is becoming a popular city to live in.

Swindon is a great place to invest, with its excellent schools, leisure facilities, and this quality of life in Wiltshire's green belt coupled with no shortage of employment opportunities means that people are going to continue to want to live, buy and rent in the town for a good while yet.

House prices in the area have risen by an amazing 28% over the last 5 years and is continuing to increase (Zoopla, September 2018) reinforcing why this is an investment opportunity not to be missed.

Financial Breakdown

Gross rent: £6,840
Ground rent: £0
Service charge: £0
Lettings fees: £616
Net income: £6,224
Gross yield: 5.26%
Net yield: 4.79%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
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. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-12661