Rivendale Court, Paynes Road
£175,000
Guide price
Guide price
Bedrooms: 2
** INVESTMENT OPPORTUNITY - TWO BEDROOM APARTMENT WITH TENANTS IN SITU CURRENTLY ACHIEVING A RENTAL FIGURE OF £12,000 PA OFFERED WITH NO FORWARD CHAIN AND IMMEDIATE INCOME UPON COMPLETION **
Presenting a well-proportioned and neutrally decorated apartment, excellently located and brimming with unique features, for sale as an attractive investment opportunity. This property boasts two spacious double bedrooms, a generous kitchen, and one inviting reception room.
The property is currently tenanted and is exclusively available for purchase by investment buyers. It offers a substantial gross yield of 6.8%, and is rented out for £12,000 per annum. The tenants are managed by LetCo and are in situ until at least July 2025, providing immediate and assured income for the new owner.
Highlighting the property's unique features, the master bedroom comes with an en-suite and the second bedroom is filled with natural light, creating a warm and welcoming ambiance. The kitchen is modern and well-equipped with integrated appliances, and the reception room is the perfect space for relaxation or entertaining guests. Adding to the property's allure is a charming Juliet balcony, allowing for an influx of fresh air and sunlight, whilst allocated parking guarantees convenience for tenants. The property is exceptionally placed close to the city centre, with superb public transport links and local amenities on its doorstep, making it an ideal location for commuters and city dwellers alike making it an ideal rental property for local working professionals.
The property holds an EPC rating of B, indicating a high level of energy efficiency, which will undoubtedly appeal to environmentally conscious tenants and investors.
In summary, this flat represents a compelling investment opportunity, combining a desirable location, neutral decor, and unique features with a robust rental yield.
Contact LetCo Today for more information regarding leasehold details and current rental AST.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month's rent is required. Rent is to be paid one month in advance. It is the tenant's responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
Presenting a well-proportioned and neutrally decorated apartment, excellently located and brimming with unique features, for sale as an attractive investment opportunity. This property boasts two spacious double bedrooms, a generous kitchen, and one inviting reception room.
The property is currently tenanted and is exclusively available for purchase by investment buyers. It offers a substantial gross yield of 6.8%, and is rented out for £12,000 per annum. The tenants are managed by LetCo and are in situ until at least July 2025, providing immediate and assured income for the new owner.
Highlighting the property's unique features, the master bedroom comes with an en-suite and the second bedroom is filled with natural light, creating a warm and welcoming ambiance. The kitchen is modern and well-equipped with integrated appliances, and the reception room is the perfect space for relaxation or entertaining guests. Adding to the property's allure is a charming Juliet balcony, allowing for an influx of fresh air and sunlight, whilst allocated parking guarantees convenience for tenants. The property is exceptionally placed close to the city centre, with superb public transport links and local amenities on its doorstep, making it an ideal location for commuters and city dwellers alike making it an ideal rental property for local working professionals.
The property holds an EPC rating of B, indicating a high level of energy efficiency, which will undoubtedly appeal to environmentally conscious tenants and investors.
In summary, this flat represents a compelling investment opportunity, combining a desirable location, neutral decor, and unique features with a robust rental yield.
Contact LetCo Today for more information regarding leasehold details and current rental AST.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month's rent is required. Rent is to be paid one month in advance. It is the tenant's responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
02382 023777
Let Co Homes - Shirley
292 Shirley Road, Southampton, Hampshire
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