2 Bed Flat For Sale The Broadway, Thatcham, RG19

£200,000- Flat

1 of 9
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Last Updated: 17th April 2024

Description

** Virtual tour available ** Attention investors ** Cash buyers only **
This newly converted, top floor apartment has been beautifully finished to an exceptional standard and is being sold with a tenant in situ with a fantastic yield.

\rDESCRIPTION
Converted from an old bank in 2023, this wonderful first floor apartment is being sold with a tenant in situ, generating a 7.4% gross yield. Accommodation comprises an entrance hallway with a utility cupboard, leading to the spacious open-plan kitchen-dining-living area with an abundance of light and space. Also off the hallway are two double bedrooms, both with a fantastic feature window, and a modern bathroom. All kitchen fittings and white goods are included in the sale.

OUTSIDE
There is parking available to rent in a nearby parking area, which has been agreed at a price of £60 per month.

SERVICES AND MATERIAL INFORMATION
All mains services are connected except gas and the property operates on electric heating.
Council tax band: B
Energy efficiency rating: D
Length of lease (years remaining): 998 years from date of listing
Annual ground rent amount: £10.00
Ground rent review period: Annual
Annual service charge amount: £600.00
Service charge review period: Annual

Thatcham is a market town that offers a range of shops, supermarkets, schools and the Nature Discovery Centre, as well as being a short drive away from Newbury which has an excellent range of leisure and entertainment facilities including, of course, Newbury Racecourse. Thatcham itself has its own railway station, benefitting from the direct line to London Paddington, and excellent road links via the A34 and M4 motorway.
Agent Details
Jones Robinson Estate Agents
118, Bartholomew Street, Newbury, RG14 5DT
Show Contact Number
01635 350 10

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested