
Offered leasehold with 999 years remaining, this property offers long-term stability and low ownership costs. The service charge is just £540 per annum, ensuring the building remains well-maintained without significantly impacting yield or affordability.
Currently generating over £11,000 per year in rental income, the flat delivers a gross yield of approximately 7.5%, making it a strong investment for landlords looking to grow or stabilise their portfolio.
Whether youre an investor seeking a high-performing asset, a first-time buyer, or someone looking to downsize to a low-maintenance home, this property offers excellent value, strong rental demand, and a comfortable, practical layout.
Property Features:
- Two well-proportioned bedrooms
- Open-plan kitchen and living room
- Modern walk-in shower
- Ensuite bathroom
- Allocated parking space
- Long lease: 999 years remaining
- Service charge: £540 per annum
- Offers in the region of £150,000
- Rental income over £11,000 per annum
- Approximate gross yield: 7.5%
- Ideal for investors or owner-occupiers
Location & Amenities:
- Shops & Essentials: Local convenience stores, butchers, cafés, and takeaways within walking distance
- Schools: Barwell C of E Academy & Heath Lane Academy nearby
- Healthcare: Local GP surgery and pharmacy within 0.2 miles
- Transport: Regular bus routes to Hinckley & Leicester; Hinckley train station ~2.5 miles away
- Leisure: Parks, playing fields, and community centres close by
With a modern interior, strong rental income, long lease, and low annual costs, this flat is a standout opportunity in todays market. Ideal for those seeking a hands-off investment or a ready-to-move-in home with excellent local connections.
Interested? Contact Ruut Homes today to arrange a viewing.
Tenure : Leasehold
Council Tax Band : A
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