Prospect Place, Old Town, Swindon, Wiltshire, SN1

** INVESTMENT OPPORTUNITY ** FREEHOLD ** 24 UNITS ** PARKING ** OFFERING A RETURN OF £294,660 PA ** 8.42% YIELD **

We are pleased to offer to the market this stunning freehold block of 24 Apartments situated in the heart of Swindon, Old Town.

This investment opportunity currently returns £24,555 PCM, offering a gross yield of 8.42% with all properties being fully managed via Richard James. Copies of AST's are available on request from the acting solicitor.

Ground Floor.

The ground floor, at Prospect Quarter, is
made up of five modern apartments and
five individual lockable storage cupboards
in the communal corridor. To the left of
the building, three 1-bedroom apartments
feature stylish kitchens, living spaces and
bathrooms.

To the right of the building, there is a
spacious 2-bedroom apartment, featuring
an open living area and a separate
bathroom. Lastly, the fourth 1-bedroom
apartment features a modern multi-use
space, along with a large living area, kitchen and bathroom.

First Floor

The first floor is home to nine modern 1 and
2-bedroom apartments with a range of features. There are two, 2-bedroom apartments, which feature large open kitchen/dining areas with family-sized bathrooms and a private hallway with entrances to both bedrooms.

Secondly, there are six, 1-bedroom apartments, all featuring a similar layout to the ground floor with stylish kitchens, living spaces and bathrooms.

Lastly, there is one 1-bedroom apartment on the first floor, which features a modern multi-use space, it also features spacious living areas and a family-sized bathroom. The majority of the apartments on this floor also benefit from additional storage cupboards inside the property.

Second Floor

The second floor of this fantastic development is made up of a range of stylish, 1-bedroom apartments and modern studios, all featuring fitted kitchens, contemporary bathrooms and
high ceilings. Many also benefit from
far-reaching views of Old Town, Swindon.

Externally planning permission has been approved for the following; Change of use of ancillary parking area (Class C3) to form 3no. commercial units (Class E), with reconfiguration of car parking and associated works. This would inherit the loss of four/six parking spaces.

If you would like any further information regarding this fantastic investment opportunity, please contact Ellis Smith.

Please Note; these Images are CGI's and other photos can be shown on request.

- Wood Street - 4 mins / 0.2 miles
- Swindon Train Station - 19 mins / 1 mile
- McArthur Glen Designer Outlet - 27 mins / 1.3 miles

- A419 - 10 mins / 3.5 miles
- Junction 15 (M4) - 12 mins / 3.6 miles
- Junction 16 (M4) - 9 mins / 3.6 miles

- Bath - 52 mins / 36.5 miles
- Bristol - 46 mins / 39.5 miles
- Reading - 54 mins / 39.6 miles
- London Paddington - 55 mins / 77 miles