*NO CHAIN. Perfect Investment, Long Term Tenant in Situ* Two bedroom, first floor flat, with open plan living space, designated parking and a communal garden. EPC C
Ideal Homes is pleased to present this exceptional investment opportunity: a spacious two-bedroom flat situated in a small block of eight flats in the heart of Saltash. Boasting a tenant in situ who has resided in the property for over 8 years and expresses a keen desire to continue their tenancy, this property offers immediate rental income and long-term stability—a perfect addition to any investor's portfolio.
This particular flat stands out as the only two-bedroom unit in the building, providing a unique and desirable accommodation option. With a long lease of over 900 years and the added benefit of a 1/8th share of the freehold, investors can rest assured of the property's enduring value and security. Additionally, the building is professionally managed by a reputable local Cornish company, ensuring efficient and hassle-free management for landlords.
The layout of the flat is thoughtfully designed for modern living, featuring a comfortable kitchen/diner/lounge area that serves as the heart of the home. One large bedroom offers ample space for relaxation, while a smaller bedroom, located on the opposite side of the open-plan living space, provides versatility for use as storage, a single bedroom, or a home office. A well-appointed bathroom with a combined shower and bath completes the accommodation.
Outside, residents can enjoy the communal shared garden to the rear, providing a tranquil space for relaxation and recreation. An allocated parking space to the front of the building adds convenience for residents.
Located just a 5-minute walk from the town centre of Saltash and a mere 3-minute drive from the Tamar Bridge to Plymouth City Center, this property enjoys a prime location with easy access to amenities and transportation links, making it highly desirable for tenants and ensuring strong rental demand.
Priced reasonably at £120,000, this investment opportunity offers both immediate rental income and long-term capital appreciation potential. Don't miss out on this chance to add a solid and profitable asset to your investment portfolio. Contact Ideal Homes today to arrange a viewing and take the next step towards securing your financial future.