Initial price	£105,000
10/05/22	£98,000
Price Change	-6.67%

This first-floor purpose-built one-bedroom apartment in Bretton offers an ideal investment opportunity with no onward chain and a spacious layout. The property boasts a private entrance, off-road parking, and is located close to local amenities, the hospital, and easy access to the A47 and Parkway system. The lounge is neutrally decorated and features fitted carpet and uPVC double glazed windows, while the kitchen is fitted with a range of base and eye-level units and has plumbing for a washing machine. The double bedroom has fitted carpet and uPVC double glazed windows, and the bathroom is also double-glazed. The leasehold information indicates that there are 107 years remaining on the lease, with a ground rent payment of £10 per annum and a service charge payment of £200 per annum. Based on a sale price of £105,000 and an actual rental income of £465 per month, the property could generate an annual pre-tax profit of £2,008, equating to a 6.53% pre-tax income on capital used.