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Penny Place, Newtown Road, Ashford, Kent, TN24

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

690 sq ft

64 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • High yield buy-to-let property investment
  • Sold with long-term tenants in situ
  • Gross rental yield of 7.14%
  • Allocated parking space
  • Currently generates £16,800.00 gross rental income p.a.
  • Fully managed option available

Description

Pure Investor are delighted to bring to the market Flat 7, New Town Apartments, a contemporary and stylish first-floor apartment nestled in the heart of Ashford, Kent. Boasting modern design elements and convenient amenities, this new build residence offers comfortable living spaces and a prime location for both urban convenience and tranquil retreat.

Upon entering this inviting apartment, you enter the main hallway taking you to an open-plan living/dining/kitchen area. The sleek kitchen is equipped with high-end appliances, ample storage space, and flows into the main living space making it perfect for both casual dining and entertaining guests. The living room seamlessly flows onto the private balcony, providing a charming outdoor space to unwind and enjoy the fresh air. With room for outdoor furniture, it offers an ideal setting for al fresco dining or simply soaking up the sunshine. The two well-proportioned bedrooms offer comfortable retreats, with the main bedroom featuring a large window that bathe the rooms in sunlight. The master bedroom benefits from an en-suite bathroom, while a second bathroom serves the additional bedroom and guests.

Residents of New Town Apartments enjoy the convenience of allocated parking, ensuring hassle-free access to their vehicles.

Situated on Newton Road, this apartment is ideally located for accessing the vibrant amenities of Ashford, including shops, restaurants, and leisure facilities. Excellent transport links, including Ashford International Station, are within easy reach, offering swift connections to London and beyond.

Currently achieving £1,400 a month in rental income following a recent renewal and rental increase, this property presents an attractive investment opportunity or a comfortable home for those seeking contemporary living in a sought-after location.

Key Features:
* Full Address: Flat 7, New Town Apartments, Newton Road, Ashford, Kent TN24 0WJ
* Offers in excess of: £235,000.00
* 2 double bedrooms
* 2 bathrooms (en-suite and main bathroom)
* Spacious balcony
* Allocated parking
* Approx. 690 sqft of living space
* Ground rent of £220.00 per annum
* Service charge of £2,005.00 per annum

Investment Information:
* Current Tenancy: Due to expire in May 2026
* Current Rental Rate: £1,400pcm
* Annual Rental Rate: £16,800.00
* Gross Yield: 7.14%
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Penny Place, Newtown Road, Ashford, Kent, TN24

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About Pure, Manchester

The Lightwell, 61-63 Brown Street Manchester M2 2JG

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

Thinking Of Investing In Property In The UK?

We offer one of the UK widest portfolio's of investment properties available. From traditional, residential buy-to-let properties and purpose built student accommodation, through to market leading off-plan developments in locations including Manchester, London, Birmingham and many more destinations throughout the UK.

Our focus is genuinely consultative, and regardless of whether you're a first time property investor or an institution, we aim to assist our clients in achieving their long term investment goals through property. Many of our client have worked with Pure Investor for many years, both purchasing and selling their investment properties through us.

Thinking Of Selling?

We're one of the UK's leading providers of tenanted buy-to-let properties, and as such if you are considering selling your investment property, but are not sure how to sell with tenants in situ, why not contact our team today to find out about our specialist resales service? We have a global network of property investors who are proactive in purchasing tenanted properties to add to their current portfolios.

Thinking Of Renting Your Property Out?

We have one of the regions fastest growing lettings portfolios, and our full service property management and lettings service is specifically designed to cater for the demands of more established landlords operating throughout the North West of England.

Regardless of whether you are looking to invest in property, or sell your buy-to-let, why not give our team of experienced property consultants a call today to find out more about our services?

We look forward to speaking with you!

Your mortgage

Per year
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Years
%
Monthly repayments
£1,072
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference PURASHPEN7. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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