Key Investment Highlights:
- 1 Double Bedroom / 1 Bathroom
- Excellent condition with modern kitchen & bathroom
- Ongoing tenancy since May 2022 – fully tenanted, no arrears
- Current Rent: £735 PCM from August 2025
- Low annual service charge: £700
- Share of Freehold with approximately 974 years remaining on lease
- Ground rent: Nil
- Gross Yield: 7.1%
- Net Yield: 6.5%
- Fully managed – no managing agent fees
- Off-road parking & visitor bays
- Communal front and rear gardens
- No known structural or maintenance issues
- Comparable properties for sale – HERE
Property Description:
- Contemporary fitted kitchen
- Stylish, updated bathroom
- Spacious double bedroom
- Warm, neutral décor throughout
- Excellent natural light and quiet surroundings
Location:
An exceptional opportunity to acquire a well-maintained, first-floor 1-bedroom flat in a quiet, residential cul-de-sac location in Birchmoor, Polesworth. Offered with a share of freehold and stable tenancy in place, this is an ideal addition to any investment portfolio, offering immediate income and long-term value.
Tenancy & Financials:
- Tenant in situ since May 2024
- Currently on a rolling contract
- Monthly Rent: £575
- Annual Rental Income: £6,900
- Gross Yield: 8.6% at asking price
- *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*
Ideal For:
- Immediate rental income from day one
- No void period risks with the tenant in situ
- High yield potential in an affordable and growing area
