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Studio flat for sale
Farnsby Street, Swindon, Wiltshire, SN1
£81,000
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.