Flat for sale in Timken Way, Daventry, Northamptonshire NN11

*** investment opportunity *** gross rental yield of over 7.6% pa *** tenant already in place *** high rental demand area *** modern one bedroom apartment *** allocated parking *** 105 years remaining on the lease *** currently managed by Chelton Brown *** great hand off property investment *** income from day one *** no voids due to long standing tenant already in place and settled in the home ***

Modern one bedroom first floor apartment with an allocated parking space and with 105 years remaining on the lease.

This is an excellent opportunity for a first time investor looking to purchase their first buy to let investment property, or a seasoned investor looking to add a hassle free property to their portfolio.

Currently tenanted on a standard assured shorthold tenancy agreement (AST) at a figure of £700 pcm, this apartment offers a gross rental yield return to an investor of over 7.6% pa and a great opportunity for future capital growth.

As this property is already tenanted, it means that any buy to let investor will start receiving income from day one and have no voids or tenant finders fees. They will also inherit a tenant with a solid record of rental payments who is fully settled into the home.

This one bedroom purpose built apartment has a ground rent of £150 pa and an annual serivce charge in the region of £1,130 pa. Combined, this is equal to a figure in the region of £107 pcm.

Hall (4.82m x 0.8m)

Bright and welcoming the entrance hall gives access to the whole apartment.

Living Room (5.52m x 2.65m)

This large living room with views over the communal garden is large enough to create a seperate dining space and has double doors into the kitchen that gives a real feeling of space.

Kitchen (2.38m x 1.75m)

A well laid out kitchen offering ample storage and worksurface area.

Bedroom

4.5m max x 2.8m - This incredibly spacious double bedroom offers versatility of layout and includes double fitted wardrobes.

Bathroom (1.96m x 1.71m)

This modern bathroom offers a bath with shower over, hand basin and toilet.