Lansdown Road, Old Town, Swindon, SN1 3NE
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
764 sq ft
71 sq m
Key features
- 144 years remaining leasehold
- Modern Finish
- Low fees
- No Chain
Description
An Ideal Investment: High-Yield Two-Bedroom Apartment in Prime Old Town, Swindon
Secure a compelling investment opportunity with this two-bedroom first-floor apartment, strategically located on Lansdown Road in the vibrant heart of Old Town, Swindon. Situated within a desirable small development of just four flats, this property offers immediate rental income and strong capital growth potential.
The apartment features a modern finish throughout, blending contemporary design with traditional elements that appeal to a consistent tenant demographic. The spacious open-plan lounge, kitchen, and dining room is a highly sought-after layout, offering functionality and appeal. With two well-proportioned bedrooms and a modern bathroom, the property is perfectly configured for the rental market.
Currently tenant-occupied at £975pcm, this property provides instant income generation without a void period, ensuring a strong return on investment from day one. Its prime location in Old Town guarantees sustained tenant demand.
Accommodation comprises:
Lounge/Kitchen/Dining Room: 10.36m x 5.23m
Bedroom One: 4.47m x 2.66m
Bedroom Two: 4.13m x 2.58m
Bathroom: (Dimensions not provided)
Key Investment Highlights:
• Strong rental yield with tenant in situ (£975pcm)
• Modern finish, appealing to quality tenants
• Low monthly fees enhancing net income
• No onward chain, facilitating a swift acquisition
• Shared freehold benefiting from 144 years remaining on the leasehold
Old Town's enduring popularity provides excellent rental demand, driven by its array of independent shops, cafes, restaurants, and robust transport links, making it a landlord's preferred location. Manageable overheads with shared freehold ensure attractive long-term profitability.
Shared Freehold & Lease Information:
144 years remaining on the leasehold (150 years from 2019)
Fees charged by management company: £135 per month (covers repairs, cleaning, and insurance). Each owner holds a 25% share of the freehold.
This is a rare opportunity to acquire a high-performing asset in a prime location. Contact us today to arrange your exclusive viewing and discuss the investment potential of this superb apartment.
Brochures
Brochure 1- 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.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Permit
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- No wheelchair access
Lansdown Road, Old Town, Swindon, SN1 3NE
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Visit our security centre to find out moreDisclaimer - Property reference S1309457. 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 Moovahome, Swindon. 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.
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