2 bed flat for sale

Warwick Place, Leamington Spa CV32

Summary
***attention all investors***currently let - £1,350 per calendar month***7.5% yield***over 930 years on lease***spacious two double bedroom apartment***balcony*** communal residents parking***garage en bloc***

description
An excellent investment opportunity to acquire this spacious two double-bedroom first-floor apartment, offering over 790 sq. Ft. Of well-presented accommodation and currently generating an income of £1,350 per calendar month.

Situated in a sought-after North Leamington location, within easy reach of the town centre and its excellent amenities, the property is offered for sale with no onward chain and would make an ideal addition to any investment portfolio.

The accommodation comprises a well-maintained communal entrance, generous open-plan lounge/dining room with access to a private balcony, separate fitted kitchen, two double bedrooms, and a family bathroom.

Outside, the property benefits from a garage en bloc together with residents communal parking.

Combining a highly desirable location, spacious accommodation extending to over 790 sq. Ft., and an established rental income, this is an attractive investment opportunity in the heart of North Leamington Spa.

Lease Information
The property is leasehold with a lease length of 999 years from 25-Mar-1964. The property is subject to management charges to include an annual ground rent of £20.00 and an annual service charge of £1,408.

Buyer Aml Fee
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.