St Pauls Court

ST PAUL’S COURT, CRICKLADE ROAD, SWINDON, SN2 1AF

We are pleased to present this excellent income-producing buy-to-let investment opportunity, currently tenanted and generating a reliable rental income in a sought-after residential location in Swindon.

FINANCIAL SUMMARY

TENURE & LEGAL

• Tenure: Leasehold – 992 years remaining
• Share of Freehold: Included – offering exceptional security of ownership
• Ground Rent: Peppercorn / Zero- no escalating ground rent liability

KEY INVESTMENT HIGHLIGHTS

• Immediate rental income – property is currently tenanted at £950 pcm with no arrears, providing a seamless income from day one
• Strong investment returns – delivering a gross yield of 7.86% and a net yield of 6.8%, well above the national buy-to-let average
• Share of freehold included – a significant added value, giving the purchaser a stake in the building and greater control over management decisions
• 992-year lease – virtually freehold in practical terms; no lease extension costs anticipated for generations
• Zero ground rent – no ground rent exposure, fully compliant with current legislation and highly attractive to mortgage lenders
• Low service charge – at just £1,560 per annum, ongoing outgoings are modest and well-managed
• Clean financial history – no rental arrears, reflecting a responsible tenancy and well-maintained asset

LOCATION

Cricklade Road is a well-established residential corridor in north Swindon, benefiting from excellent transport links, local amenities, and proximity to the town centre. Swindon continues to attract strong rental demand, underpinned by major employers and ongoing regeneration investment in the area.

SUMMARY

This property represents a straightforward, low-risk investment with an established income stream, exceptional leasehold security, and minimal ongoing liabilities. At an asking price of £145,000 and delivering a net yield of 6.8%, it is well suited to both experienced portfolio landlords and first-time buy-to-let investors.