Offered to the market is this one bedroom ground floor apartment in the heart of Leamington. The property benefits from No onward chain complications and offers an ideal first time buy or investment purchase with a tenant currently in situ.
The apartment offers one spacious bedroom with built in cupboards, shower room with a large utility cupboard which holds the washing machine. The property offers open plan living with the Kitchen/living room all in one space ideal for entertaining or relaxing with ample light allowing for a bright and airy feeling.
We have been advvised that the charges are as follows:
Ground rent: £196.67 PA
Service charge: £1716.00 PA
lease remaining of around 115 years.
Viewing highly recommended.
The property is currently subject to a managed tenancy agreement and is being sold with tenants in situ or with the option of vacant posession. The tenancy has been in place since 28.02.25, producing a gross yield of approximately 7.3% based on the asking price. The minimum initial tenancy term is 12 months. Buyers should note that vacant possession purchasers will be required to provide a minimum of four months’ notice following an agreed sale. Full tenancy and lease information is available from the agent, and all interested parties should make their own enquiries prior to proceeding.
Council Tax Band B