• For sale by auction on the 25th March 2026 +
• Guide price £55,000 + +
• Two bedroom apartment +
• Currently tenanted +
• Generating £8,940 gross rental income +
• Great addition to a rental portfolio +
• Council Tax band B - EPC rating C +

This two bedroom apartment with a parking space is offered for sale via traditional auction. The property is currently tenanted generating a gross rental income of £8,940 per annum, which reflects a 16.25% gross yield return based on the guide price. This property would be a great addition to a rental portfolio.

Situated within walking distance to a range of city centre amenities, local bus routes and Westgate Train Station. Junction 40 of the M1 motorway is within easy reach, ideal for the commuter wishing to work or travel further afield.

Leasehold information:
Lease length - 125 Years from 1st January 2016
Ground Rent - £275 Per Annum
Service Charge - Requested from the seller & awaiting information.