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Swingate, Stevenage, SG1

Offers in region of £175,000

Apartment

Overview

1 Bedroom Apartment for sale in Swingate, Stevenage, SG1

***INVESTMENT ONLY***

One bedroom modern apartment located on the second floor of the recently converted Skyline House. The property comprises entrance hall, double bedroom, large lounge with open plan kitchen/breakfast bar area and main bathroom with bath & shower facilities. The property is carpeted throughout bedroom & lounge and amtico flooring to hallway, bathroom & kitchen. The Building offers a concierge service along with secure postal room & bike storage. 

The property is currently rented at £850 pcm which would result in a yields of up to 5.83%. 

LEASE DETAILS Lease 123 years left on lease

Ground Rent £225 per annum

Service charge £1200 per annum

Key Features:

  • INVESTMENT PURCHASE
  • £850 PCM IN RENT
  • 5.83% YIELD POTENTIAL
  • Tenant in Situ
  • Town Centre Location
  • RECENT CONVERSION

***INVESTMENT ONLY***

One bedroom modern apartment located on the second floor of the recently converted Skyline House. The property comprises entrance hall, double bedroom, large lounge with open plan kitchen/breakfast bar area and main bathroom with bath & shower facilities. The property is carpeted throughout bedroom & lounge and amtico flooring to hallway, bathroom & kitchen. The Building offers a concierge service along with secure postal room & bike storage.

The property is currently rented at £850 pcm which would result in a yields of up to 5.83%.

LEASE DETAILS Lease 123 years left on lease

Ground Rent £225 per annum

Service charge £1200 per annum

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