6.8% Gross yield! £1,200pcm rental with tenant in situ. Stunning two double bedroom apartment in the highly sought after Wilburn Basin development.
Savills are proud to present this two double bedroom apartment in the highly exclusive Wilburn Basin development.
This apartment could represent an ideal turn key investment for the discerning investor, with a 6.8% gross yield available at the current rental price of £1200pcm until May 2024.
Internally, the apartments have been finished to the highest of standards. Walnut veneered flooring, carpets in the bedrooms, tiled bathrooms, handless kitchen units, integrated dishwasher and much more! Installed in each apartment are also dedicated Hyper-optic, fibre-optic, and TV provisions including BT, SKY and Virgin Media.
Situated on the second floor, the apartment briefly comprises of an entrance hallway leading through to a sizeable, modern, open-plan living and kitchen area, with a Juliet balcony. Two double bedrooms are enjoyed, with the primary bedroom benefitting from an en suite bathroom. Further, there is a luxurious main three piece bathroom suite, and additional storage cupboard.
The development itself boasts a 24/7 on-site friendly concierge, intercom systems to all apartments, bike stores, gym and cinema room for the use of residents only.
EWS1 Form available.
The seller has advised material information as follows:
Service charge: £1,622 per annum
Building insurance: £410.94 per annum
Ground rent: £300 per annum
Review method: RPI
View payable Stamp Duty for this property
As a former Wilburn Basin resident myself, I know what a great development this is. The on site team, facilities and location make this a great choice.Ryan GriffinProperty agent