Rockingham Road, Bury St. Edmunds
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
528 sq ft
49 sq m
Key features
- Investors Only - Tenant in SITU
- 965 Year Lease
- Allocated Parking to Rear
- Two Generous Bedrooms
- Ground Floor Flat
- Open Plan Kitchen & Living Room
- Yield of Approximately 9.00%
- Easy to Maintain
- Outlook onto Lawn Communal area
- Easy Access to Town Centre & A14
Description
An excellent opportunity to acquire a two bedroom ground floor apartment on Rockingham Road, Bury St Edmunds, offered for sale with a tenant in situ and currently producing a rental income of £1,050 per calendar month. The accommodation comprises an entrance hall, two bedrooms, bathroom and a generous open-plan kitchen/dining/living area, providing a modern and practical layout. The property further benefits from an allocated parking space.
For investors, the current rental income of £12,600 per annum represents an attractive gross rental yield of approximately 9.00% at £140,000 or 8.69% at £145,000. The property also benefits from an exceptionally long lease with approximately 965 years remaining.
Annual charges:
Service charge: £2863.89 Per annum
Ground rent: £144.80 Per Annum
Total: £3008.69 per annum
With a tenant already in situ, an established rental income, long lease and allocated parking, this represents an appealing buy-to-let investment opportunity in Bury St Edmunds. Early viewing is highly recommended. Gross yield calculated against the stated rental income and guide price, before mortgage costs, taxation, management/letting fees, maintenance and other landlord expenses.
Please be aware that images of the property may have been digitally enhanced, edited, or staged using artificial intelligence, and may not reflect the current presentation or furnishings.
Brochures
Rockingham Road, Bury St. Edmunds- 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.
- Residents
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Rockingham Road, Bury St. Edmunds
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
About Shires Estate & Letting Agents, Bury St Edmunds
15-17 Eastgate Street, Bury St Edmunds, Suffolk, IP33 1XX
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 34921582. 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 Shires Estate & Letting Agents, Bury St Edmunds. 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.