Flat for sale in Bevois Residence, 49-65 Bevois Valley Road SO14

Description

Buy-to-let investment opportunity producing an 8% yield. An exclusive, share of Freehold corner plot apartment located within the new Bevois Residence development in Bevois Valley.

This two bedroom first floor apartment comprises of a large entrance hall, impressive open plan kitchen living room, two double bedrooms with integrated wardrobes and three piece bathroom suite. Boasting a high specification throughout, including integrated kitchen appliances, contemporary bathroom finish and a private courtyard garden for the residents to enjoy.

Bevois Residence is located minutes from the heart of the city centre. Local shops, travel links and amenities are all within walking distance, with the addition of motorway access and Southampton mainline train station within close proximity.

The apartment is currently let on an AST for £1,450pcm to two professional tenants, making this the perfect ready to go investment opportunity.

Southampton's determined City Centre Master Plan is playing a pivotal role in the city's transformation and drawing further investment into the city.

Uniquely for the city for a new build, this development boasts virtual freehold ownership. As such, the apartment will come with a 999 year lease (from 2020) with no ground rent charged, enabling investors to capitalise on maximum returns and security.

Tenure: Share of Freehold (997 years)
Ground Rent: £0 per year
Service Charge: £1,100 per year