2 Bed Block Of Apartments House For Sale Groundwell Road, Swindon, SN1

£370,000- Block Of Apartments

Auction Property
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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 26th March 2024

Description

StrapLine

Auction Sale - 16/04/2024

Of interest to investors. A freehold two storey end of terrace building arranged as four self-contained flats. All let on assured shorthold tenancies. Investment producing £33,900 per annum.


Location

Situated to the south side of Rodbourne Road, at the junction with Manton Street.

Convenient to the local amenities on Rodbourne :Road with wider facilities in central Swindon.

Swindon Station provides a frequent commuter service into central London and is less than 1 mile distant.


Transport

Swindon Station - National Rail


Tenancy

124a - Let on an assured shorthold tenancy at a rental of £750 per calendar month

124b - Let on an assured shorthold tenancy at a rental of £700 per calendar month

124c - Let on an assured shorthold tenancy at a rental of £675 per calendar month

124d - Let on an assured shorthold tenancy at a rental of £700 per calendar month


Accommodation

The property has not been inspected by the auctioneers, the following is referenced from a previous valuation report:

124a - Two bedrooms, Reception room, Kitchen, Bathroom/wc Approximate area 46.1 sq m (496 sq ft)

124b - Two bedrooms, Reception room, Kitchen, Bathroom/wc Approximate area 64.1 sq m (690 sq ft)

124c - One bedroom, Reception room, Kitchen, Bathroom/wc Approximate area 32.1 sq m (346 sq ft)

124d - Two bedrooms, Reception room, Kitchen, Bathroom/wc Approximate area 51.2 sq m (551 sq ft)

Agent Details
Savills Auctions
33 Margaret Street London W1G 0JD

Investment Analysis

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