2 Bedroom Apartment for Sale

Sapphire Drive, Leamington Spa

£169,950

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Key Features

Two Bedroom
Open Plan Lounge / Diner
Tenant in Situ paying ?800pcm
Ideal Investment Opportunity
Close to Leamington Train Station

Apartment
Allocated Parking
5.48% Gross Yield
Long Lease

Full Description

Sapphire Drive is located just off the Tachbrook Road and a short walk from the train station. There are regular buses into Leamington Town centre, which is a vibrant town with a plethora of shops, bars and restaurants.

Located in a lovely development this 2 bedroom apartment has a large open plan kitchen, living room and dining room with south and east facing windows, which bring in plenty of natural light, The kitchen is fully fitted with a selection of wall and base units with built in appliances.

From the living room there is an internal hallway with doors off to two storage cupboards, the two bedrooms and family bathroom. With one double bedroom and one single bedroom this property makes an ideal home for a couple or small family, and also comes with one allocated parking space.

The local area has a range of small shops, popular local schools, and the apartment is within walking distance of the Shires Retail Park.

The property is being sold with a tenant in situ who is currently paying ?800pcm which generates a gross yield of 5.48%. The lease has been recently extended and has 164 years remaining (we are yet to see proof of this and it is up to the buyer to check this through their solicitors)

The property benefits from a secure communal entrance with intercom system and one allocated parking space.

Energy Performance Certificates (EPCs)

EPC