Studio flat for sale

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Studio flat for sale

Farnsby Street, Swindon, Wiltshire, SN1
£81,000

Price History

Initial price £90,000
06/06/24 £83,000
14/06/24 £81,000
21/06/24 £88,000
28/06/24 £86,000
07/07/24 £85,000
21/07/24 £83,000
27/07/24 £81,000
02/08/24 £79,000
07/08/24 £77,000
15/08/24 £85,000
24/08/24 £83,000
12/09/24 £81,000
23/10/24 £79,000
30/10/24 £77,000
06/11/24 £85,000
12/11/24 £83,000
20/11/24 £81,000
Price Change -10.00%

Description

This studio flat in Swindon is a fantastic investment opportunity for those looking to expand their portfolio. The property features one bedroom, bathroom, lounge, and kitchen, and is currently producing an annual gross income of £8,700. With long-term tenants already in place, the new owner could increase the rent to a market rate of £9,348, making it a worthwhile addition to their portfolio. The tenants have been consistent in their rent payments over several years and have no intention of moving out, ensuring a smooth transition for the new owner. With its valuable amenities, rewarding rental returns, and tenant currently situated, this property is a great chance for investors to grow their portfolio.