Phoenix Court

An ideal opportunity for buy-to-let investors: this well-maintained studio apartment is already let to a reliable tenant and professionally managed by an agent. Located in the charming village of Kingsclere, just outside Newbury, this property offers a strong rental return with minimal ongoing costs.

PROPERTY HIGHLIGHTS

• Tenanted Investment - Let at £800 PCM
• 8.73% Gross Yield at Asking Price
• Fully Managed by a Letting Agent
• Excellent Letting History - No Vacancy Issues
• Long Lease - Approx. 151 Years Remaining
• Sought-After Residential Location
• EPC: C
• Gross Yield (at £110k) 8.73%
• Net Yield (est.) 8.59%

TENANCY DETAILS

• Current Rent: £800 per calendar month
• Annual Rental Income: £9,600
• Tenancy Type: 12-month AST from 27 February 2025
• Managed by: Letting agent - hands-off ownership
• Viewings of this property are available; however, please note the property is tenanted and we need to respect the tenants' right to a peaceful environment. As such, we will require proof of funds from all parties before booking a viewing appointment. On receipt of the above, we will then arrange access*

Phoenix Court - Key Points

Location

Newbury, United Kingdom