2 bedroom apartment

* An Amazing First-Time / Investment Purchase * MILES BYRON are delighted to offer 'For Sale' this very spacious first floor apartment which can be located within the very heart of Wroughton. There are only four apartments within the building. The property is also 'FREEHOLD'. There is a mutual service charge to pay between the residents/owners of the four apartment within the building (which is approximately £550.00 each per annum)(This includes the building insurance). The property itself also benefits from having two allocated parking spaces (plus 1 extra visitor space (which is shared between the apartments on a first come, first serve basis), two bedrooms (the main bedroom benefits from having a W.C. and wash hand basin facility. Other attributes include: gas radiator central heating and double glazing. The spacious living/dining room even has double doors which overlooks the rear aspect of the apartment (including the rear garden) (which belongs to the ground floor apartment). The deceptively spacious accommodation briefly includes: Secure communal entrance hall, stairs rising to the first floor which leads into the apartment entrance, a large 4-piece bathroom which consists of a corner bath, separate shower cubicle, W.C. and wash hand basin, two generous in size bedrooms (bedroom one includes fitted wardrobes), a large 'open plan' living/dining room and kitchen. There is also the use of a communal garden area which can be located to the side aspect of the property. The property is currently occupied by two professional tenants who are paying £695.00 per calendar month. If you were purchasing this property for investment however, we would estimate a revised rental figure of approximately £800.00 - £850.00 per calendar month minus service charge cost of approximately £550.00 P/A (AN ANNUAL YIELD OF 5.08% (NET) (BASED ON A PURCHASE PRICE OF £190,000 AND ACHIEVING £850 PCM). PLEASE NOTE: THIS PROPERTY IS STAMP DUTY EXEMPT UNTIL THE 30TH SEPTEMBER 2021.

Tenure: Freehold