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Ashton Court, Newland Road, Leamington Spa

£85,000
Available from Leamington Spa
16 Denby Buildings Regent Grove
Leamington Spa

CV32 4NY

Description

  • Flat
  • 2 Bedrooms
  • 1 Bathrooms

CASH BUYERS ONLY - GREAT FOR INVESTORS - CURRENTLY RENTED OUR FOR £550 PCM = YIELD OF 7.76%.

Two Double Bedrooms - Generous Living Space - Third Floor - Modern Bathroom & Balcony

With attractive rental yields this spacious and well presented two double bedroom apartment offers spacious accommodation within a recently renovated block. The kitchen and bathroom are well fitted with the bathroom stylishly tiled with a modern white suite and electric shower.

The lease, 125 years from 1989, makes this property a very attractive first time buyer or investment opportunity. We have been informed by the vendor that the service charge & ground rent is £60 per month approx which includes building insurance, lift maintenance and the upkeep of the property internally and externally including the grounds.

This property is currently let out for £550 per month and the tenant moved in May 2021. The yield is excellent and with two double bedrooms the property could certainly appeal to sharers or a couple or younger family.

Double glazed and electrically heated the apartment block itself has seen much improvement to all communal areas being bright and repainted with automated lighting and a lift to all upper floors.

This property is offered for sale with no chain.

To arrange your viewing of this substantial apartment, please contact our Leamington office on 01925 470555.

LOCATION

Situated just off Mason Avenue, Newland Road is approximately 2 miles from the centre of Leamington Spa itself and only half a mile from excellent local amenities in Lillington. Tesco Metro and a host of independent shops are located in Crown Way and just off the Cubbington Road.

Local schools include Lillington Primary School and St Pauls Church of England Primary School.

Key Facts

Two Double Bedrooms Electric Heating Third Floor Renovated Communal Areas Attractive Bathroom Spacious Kitchen Balcony & Generous Living Room EPC rating D No Onward Chain
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