Initial price	£110,000
04/11/24	£99,000
Price Change	-10.00%

This is an investment opportunity for a modern one-bedroom apartment with a gross rental yield of over 8.5% per annum. The property is already tenanted on a standard assured shorthold tenancy agreement at £700 per month, providing income from day one with no voids or tenant finder fees. With 105 years remaining on the lease, the property offers a great opportunity for future capital growth. The apartment comes with an allocated parking space and is located in a high rental demand area. The current rent covers the ground rent of £150 per annum and an annual service charge of around £1,130 per annum, leaving a net yield of over 8.5% per annum. This is a hassle-free property investment, managed by Chelton Brown, making it an attractive option for first-time investors or those looking to add a reliable property to their portfolio.