An excellent opportunity to purchase this well-positioned two-bedroom, two-bathroom apartment in Warwick, offering well-proportioned accommodation, allocated parking and approximately 165 years remaining on the lease.
Ideal for first-time buyers, the property offers a practical layout with two bedrooms and two bathrooms, providing flexibility for modern living, working from home or accommodating guests. The allocated parking space is an additional benefit.
The property is currently tenant in situ, generating £1,000 per calendar month (£12,000 per annum), making it equally appealing to investors seeking an established rental income.
The property has a service charge of approximately £2,000 per annum and ground rent of approximately £185 per annum.
Situated in an established residential area of Warwick, the property offers convenient access to local amenities, transport links and the town centre.
A versatile opportunity for a first-time buyer looking to take their first step onto the property ladder or an investor seeking an income-producing property.
The property is available to investors only and is being sold with the existing tenant in situ.
The property is currently subject to a managed tenancy agreement and is being sold with tenants in situ. The tenancy has been in place since 11.03.26 producing a gross yield of approximately 6.7% 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 C
