*** SOLD SUBJECT TO CONTRACT *** ONE OF SIX 2 BEDROOM APARTMENTS ALREADY SOLD IN THE FIRST TWO MONTHS OF 2020 BY CHELTON BROWN *** SIMILAR PROPERTIES REQUIRED FOR WAITING BUYERS *** CALL FOR A FREE MARKET VALUATION ***
*** 2 BEDROOM APARTMENT *** LOCATED JUST OFF DAVENTRY HIGH STREET *** EXCELLENT BUY TO LET INVESTMENT *** PREVIOUSLY RENTED OUT AT £575 PCM *** KEY IN OFFICE *** CALL 01327 879431 ***
Chelton Brown are pleased to offer this first floor two bedroom leasehold flat in Daventry town centre just a two minute walk from the new cinema and retail complex that is currently under construction and just a three minute walk to the High Street.
Recently rented out at a figure of £575 PCM (£6,900 PA), this is an excellent investment opportunity that delivers a gross rental yield return of 6.6%.
If purchased using a buy to let mortgage at 75% loan to value, this property can be purchased with around a cash investment of £30,000 and will deliver an impressive 9% return on cash invested.
Values in the area are also widely predicted to increase by around 19% over the next 5 years providing steady capital growth to further increase the value and quality of this investment.
This two bedroom first floor flat close to the Town Centre briefly comprises; kitchen, lounge/diner with Juliet balcony, good size bedroom with space for wardrobes, second double bedroom, bathroom and allocated parking.
The property is currently vacant and keys are in the office so viewings can be arranged at any time. The property is for sale with no upward chain.
To arrange to view or for more information on the investment returns please contact the selling agent Chelton Brown.
If you are looking for a reliable letting agent in Daventry, our aim is to protect and efficiently manage your property investment to ensure optimum return. We pride ourselves on our excellent customer service and the knowledge, professionalism and experience of our staff
This property has been removed by the agent. It may now have been sold or temporarily taken off the market.
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4/5 George Row,
Northampton,
Northamptonshire,
NN1 1DF
Telephone: 01604 603433
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59 High Street,
Daventry,
Northamptonshire,
NN11 4BQ
Telephone: 01327 879431
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Registered Name: Chelton Brown Ltd | Place of Registration: Northampton
Registered Number: 5521012 | Registered Office: 4-5 George Row, Northampton, Northamptonshire, NN1 1DF