1 bedroom flat for sale

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1 bedroom flat for sale

Mae House, 21-25 Newdigate Street, Nuneaton
£69,950

Price History

Initial price £75,000
30/11/23 £72,500
07/04/24 £69,950
Price Change -6.73%

Description

This modern leasehold flat is located in the heart of Nuneaton's town centre, boasting an elevated position overlooking the George Eliot Statue. The property features electric heating, double glazing, and internal lift access, as well as a communal hallway, entrance hall, open plan lounge/kitchen, bedroom, and shower room. With potential rental income of £550 per month and a gross yield of over 8%, the property is offered for sale with no onward chain. The flat is accessed via a communal entrance from Newdegate St, with no parking available but local authority carparks offering yearly parking passes. The property is leasehold, with a remaining lease of 117 years and an annual service charge of around £1017. All mains services are connected, but the gas is not tested.