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2 bedroom flat for sale

Newdegate Street, Nuneaton, CV11 4EJ

Under Offer £70,000

Property Description

Key features

  • IDEAL INVESTMENT OPPORTUNITY
  • RECENTLY DEVELOPED STUDIO, ONE & TWO BEDROOM APARTMENTS
  • TOWN CENTRE LOCATION/CLOSE TO TRAIN STATION
  • AVERAGE 8% RENTAL YIELD PER ANNUM

Full description


** IDEAL INVESTMENT OPPORTUNITY ***

A NEWLY DEVELOPED, 2nd Floor Modern Apartment, which has recently been renovated and refurbished throughout, currently tenanted and located in Nuneaton Town centre with lift access.

The apartment occupies an upper floor in Mae House which is located in Newdegate Street, Nuneaton giving direct access to Nuneaton Town centre with its local shopping facilities and access to Nuneaton’s Bus and Train Stations.

1x 2 Bedroom apartment with a current monthly rental of £495pcm

Providing an average of 8% gross yield per annum.

The main entrance is accessed via a security entry system which leads to the 2nd and 3rd floors via staircase or lift access which opens into a welcoming communal hallway with separate access to each apartment which have been finished to a high level throughout with modern fitted kitchen and shower rooms.

Lease: 123 years approx.
Ground rent: £100 p.a.
Maintenance: £850 p.a.

More information from this agent

Listing History

Added on Rightmove:
16 September 2016

Floorplans

Map & Street View

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