1 bed flat for sale

Fire Fly Avenue, Swindon SN2

Attention investors – excellent buy-to-let investment opportunity with an impressive 9.72% gross annual yield!

McFarlane Sales & Lettings are delighted to offer for sale this spacious first-floor apartment, situated within the popular Heritage Plaza development, conveniently located close to the Town Centre.

The property is currently let at £810 pcm, with the rent scheduled to increase to £850 pcm from 5th December At the increased rental figure, this will provide an attractive gross annual rental yield of 10.2%, based on a purchase price of £100,000.

Ideally positioned within easy walking distance of a range of local amenities, as well as Swindon Bus and Train Stations, the apartment briefly comprises an entrance hall, spacious open-plan living room with modern fitted kitchen, double bedroom with fitted wardrobe and contemporary bathroom.

Further benefits include electric heating, a secure fob entry system and secure permit parking.

The property also boasts an exceptionally long lease, with approximately 985 years remaining.

Annual Service Charge: £1,640.14

Annual Ground Rent: £450.73