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2 Bed Flat, Single Let, TA9 3TG £120,000

5 Alexander Court, Highbridge Quay, Highbridge TA9 3TG - 6 views - 10 months ago
  1. Deal Search
  2. TA9
  3. TA9 3TG
Leasehold
BTL
ROI: 3%
70 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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  • More Single Let Deals in TA9

Property History

Listed for £120,000

February 17, 2025

Floor Plans

Description

  • EPC: C77 +
  • Council Tax Band A +
  • Allocated Parking Space +
  • 2 Bedrooms, 2 Bathrooms +
  • Large lounge and dining area +
  • Close to amenities & local transport links +
  • Ground Floor Flat +
  • No Planning Applications Registered +
  • No Building Safety Issues Reported +
  • No Mining in this Area +

Investment Property to be sold with tenants in situ This property represents an outstanding investment opportunity, as it is being sold with a tenant in situ under an Assured Shorthold Tenancy (AST). This makes it ideal for those looking to expand their portfolio with a property that offers an immediate rental income. The block itself is constructed with brick and block cavity walls, topped with a tiled, felted, and insulated roof.  This well-positioned flat is located on the ground floor of a purpose-built block, nestled on the banks of the River Brue. It is also conveniently close to Highbridge town, offering a supermarkets, shopping options, and essential amenities, such as churches, schools, restaurants, pubs, and a doctor's surgery. The property benefits from easy access to the M5, with Junction 22 to the north and Junction 23 to the south. Highbridge’s mainline railway station is approximately 300 yards away. The flat comprises a spacious reception room, a kitchen, two bedrooms (one with an en-suite), and a bathroom. The living area features a 'Juliet' style balcony, offering views over the river. EPC:  C 77     (22/07/2021)          Council Tax Band: A      £1,633.42    2025/26 Leasehold - 130 Years remaining Ground Rent - £150 per annum Standing Charge - £1,010.94 per annum Current Rent - £600 pcm Market Value Rent - £750 pcm. The net rental yield at that rent would be 6.53%.

Mobile Signal

Agent Details

A & F, Burnham-On-Sea

01278 552775

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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