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2 bedroom apartment for sale

Lansdown Road, Old Town, Swindon, SN1 3NE
Chain-free
Recently added
Apartment
2 beds
1 bath
764
Added < 7 days

Key information

TenureShare of freehold
Ground rent£0 per annum | review period: unconfirmed
Service charge£1,680 per annum
Council taxBand B
Mobile signal
EEO2ThreeVodafone

Features and description

  • 144 years remaining leasehold
  • Modern Finish
  • Low fees
  • No Chain

Video tours

An Ideal Investment: High-Yield Two-Bedroom Apartment in Prime Old Town, Swindon
Secure a compelling investment opportunity with this two-bedroom first-floor apartment, strategically located on Lansdown Road in the vibrant heart of Old Town, Swindon. Situated within a desirable small development of just four flats, this property offers immediate rental income and strong capital growth potential.

The apartment features a modern finish throughout, blending contemporary design with traditional elements that appeal to a consistent tenant demographic. The spacious open-plan lounge, kitchen, and dining room is a highly sought-after layout, offering functionality and appeal. With two well-proportioned bedrooms and a modern bathroom, the property is perfectly configured for the rental market.

Currently tenant-occupied at £975pcm, this property provides instant income generation without a void period, ensuring a strong return on investment from day one. Its prime location in Old Town guarantees sustained tenant demand.

Accommodation comprises:
Lounge/Kitchen/Dining Room: 10.36m x 5.23m
Bedroom One: 4.47m x 2.66m
Bedroom Two: 4.13m x 2.58m
Bathroom: (Dimensions not provided)

Key Investment Highlights:
• Strong rental yield with tenant in situ (£975pcm)
• Modern finish, appealing to quality tenants
• Low monthly fees enhancing net income
• No onward chain, facilitating a swift acquisition
• Shared freehold benefiting from 144 years remaining on the leasehold

Old Town's enduring popularity provides excellent rental demand, driven by its array of independent shops, cafes, restaurants, and robust transport links, making it a landlord's preferred location. Manageable overheads with shared freehold ensure attractive long-term profitability.

Shared Freehold & Lease Information:
144 years remaining on the leasehold (150 years from 2019)
Fees charged by management company: £135 per month (covers repairs, cleaning, and insurance). Each owner holds a 25% share of the freehold.

This is a rare opportunity to acquire a high-performing asset in a prime location. Contact us today to arrange your exclusive viewing and discuss the investment potential of this superb apartment.

Property information from this agent

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Area statistics

Crime score
High crime
7/10
Home prices (average)
2 bedroom apartments
£156,300

About this agent

Moovahome - Swindon
Moovahome - Swindon
20 Ergo Business Park, Kelvin Road Swindon SN3 3JW
01793 847103
Full profileProperty listings
We are Moovahome, a local Swindon Estate Agency based on Victoria Road and we specialise in houses for sale in Swindon and the surrounding areas. Unlike many traditional Agents, every home we put on the market includes a floor plan, unlimited pictures and regular marketing updates. You also get a one to one account manager who is available to support you through the entire process from the valuation through to the day we hand over keys on completion – yes we actually deliver them to the buyer. We concentrate on both the vendor and the buyer, thus offering a very high standard of customer service from the first phone call right through to handing over the keys!
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