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25 Elgar Mews

Bromsgrove, United Kingdom

£115,000.00

Investment Type: BUY-TO-LET

Est. Completion: AVAILABLE

  • Tenanted one bedroom apartments
  • Currently tenanted at £600.00 per month
  • Fully managed by local lettings agent

A modernised one-bedroom second-floor apartment located within close proximity of Bromsgrove town centre. The property briefly comprises of an entrance hallway, an open plan living space with a modernised kitchen, a bedroom with generous views and a bathroom. The property benefits further from having double glazing, electric heating and residence parking.

Investment Highlights
Purchase Price - £115,000.00
Current rental income - £600.00pcm
Gross yield: 6.3%
Net Yield: 5.0%
The current tenant moved in around 18 months ago
Current tenancy due to renew in September 2023
Parking space included
3rd Floor apartment
EPC: D

Location
This property is located just off the New Road in Bromsgrove a short walk from the town centre. This location provides fantastic access to all of the local amenities the town has to offer including a range of shops, pubs restaurants, doctors, and dentists. There is also excellent access to the local road network and many larger supermarkets within a short drive.

Video - 25 Elgar Mews

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Call: +44 (0) 161 337 3890

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