Block of Apartments

Ridgeway House, London Road, Tetbury, GL8 8JQ

Size: 325.16 sqm

Purchase price

£1,200,000

Size: 325.16 sqm

Finance breakdown
Financial performance*
Assured rent £55,000
Assured income £55,000
Assured until
Assured yield 4.58%

EARN INSTANT INCOME ON THIS ALREADY TENANTED BLOCK OF APARTMENTS - ASSURED RENT UNTIL OCTOBER 2023! This excellent converted block comprises of 5 studio apartments, and 4 one bedroom apartments.


EARN INSTANT INCOME ON THIS ALREADY TENANTED BLOCK OF APARTMENTS - ASSURED RENT UNTIL OCTOBER 2023! APARTMENT BLOCK IS BEING SOLD WITH THE FREEHOLD!

This wonderful block of apartments is over three stories; the ground floor being made up of four self contained apartments; 2x studio apartments; 2x one bedroom apartments; all with three piece bathroom suites; fully fitted kitchens including all appliances; and double glazing. The first floor being made up of 4 self contained apartments; 3x studio apartments; 1x one bedroom apartment; all with three piece bathroom suites; fully fitted kitchen including all appliances; and double glazing. The third floor comprises of; one bedroom apartment; three piece bathroom suite; fully fitted kitchen with all appliances included; and double glazing. This block comes with a communal courtyard, and is within walking distance to all amenities.

The average price for an apartment in Tetbury currently stands at £289,817, this is a rise of 0.17% in the last three months (since October 2020) and rise of 9.80% since 12 months ago. In terms of property types, flats in GL8 8JQ sold for an average of £251,292, this makes it the perfect time to invest in the area.

Being just 30 minutes from Swindon town centre, this makes Ridgeway House the perfect commuter belt location for tenants. The new bus interchange is being developed to complement other town centre regeneration schemes, including the Kimmerfields development to the north of Fleming Way. As part of this development, the existing bus station will be demolished enabling the Council to deliver new homes and offices to attract more people to live and work in the town centre. The proposed redevelopment also supports the vision for the town centre, which states that ‘By 2030, Swindon town centre will be the beating heart of the local community. A place to set up home and business, where people stay longer, spend more and keep coming back’.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Assured rent from the council until 2023

Key features

9 self contained apartments

Key features

5x studio apartments

Key features

4x one bedroom apartments

Key features

Excellent location

Key features

Great transport links

Key features

Shops and amenities nearby

Key features

Freehold included

Key features

Freehold

EARN INSTANT INCOME ON THIS ALREADY TENANTED BLOCK OF APARTMENTS - ASSURED RENT UNTIL OCTOBER 2023! This excellent converted block comprises of 5 studio apartments, and 4 one bedroom apartments. More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED BLOCK OF APARTMENTS - ASSURED RENT UNTIL OCTOBER 2023! APARTMENT BLOCK IS BEING SOLD WITH THE FREEHOLD!

This wonderful block of apartments is over three stories; the ground floor being made up of four self contained apartments; 2x studio apartments; 2x one bedroom apartments; all with three piece bathroom suites; fully fitted kitchens including all appliances; and double glazing. The first floor being made up of 4 self contained apartments; 3x studio apartments; 1x one bedroom apartment; all with three piece bathroom suites; fully fitted kitchen including all appliances; and double glazing. The third floor comprises of; one bedroom apartment; three piece bathroom suite; fully fitted kitchen with all appliances included; and double glazing. This block comes with a communal courtyard, and is within walking distance to all amenities.

The average price for an apartment in Tetbury currently stands at £289,817, this is a rise of 0.17% in the last three months (since October 2020) and rise of 9.80% since 12 months ago. In terms of property types, flats in GL8 8JQ sold for an average of £251,292, this makes it the perfect time to invest in the area.

Being just 30 minutes from Swindon town centre, this makes Ridgeway House the perfect commuter belt location for tenants. The new bus interchange is being developed to complement other town centre regeneration schemes, including the Kimmerfields development to the north of Fleming Way. As part of this development, the existing bus station will be demolished enabling the Council to deliver new homes and offices to attract more people to live and work in the town centre. The proposed redevelopment also supports the vision for the town centre, which states that ‘By 2030, Swindon town centre will be the beating heart of the local community. A place to set up home and business, where people stay longer, spend more and keep coming back’.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Assured rent from the council until 2023
    Tick Desktop 9 self contained apartments
    Tick Desktop 5x studio apartments
    Tick Desktop 4x one bedroom apartments
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops and amenities nearby
    Tick Desktop Freehold included
    Key features

    Freehold

  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Assured rent £55,000
Assured income £55,000
Assured until
Assured yield 4.58%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.