1 bedroom apartment

Penny Hapenny Court, Atherstone CV92AA

Size: sqm

Purchase price

£110,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,600
Ground rent £150
Service charge £954
Lettings fees £960
Net income £4,536
Gross yield 6%
Net yield 4.12%

Yieldit are delighted to offer onto the market this waterfront one bedroom apartment that has the added bonus of a terrace. The accommodation briefly comprises of entrance hall, spacious lounge with terrace, bedroom with terrace, kitchen, family bathroom and a allocated parking space outside. The property is also tenanted so you will earn instant income as soon as you invest.

The price growth in Atherstone is higher than the national average, with the 2 year growth at 1.2 times the national average. Compared to other areas, CV9 is a relatively inexpensive area with an average price 21.5% lower than the national average, giving ample room for growth in years to come. The average house price in Atherstone is £288,978 and the average rent is £916.

The town has a historic centre based around St. Mary’s Church and the Market Square. Tourism is an increasing feature with Atherstone being a popular stopping point on the Coventry Canal. There are still rail links, with recently improved timetables, and the town is situated close to the two urban developments of Tamworth and Nuneaton. The town is within easy travelling distance of the cities of Birmingham, Coventry, Derby, Leicester and Nottingham. Burton upon Trent is also within easy travelling distance.

EARN INSTANT INCOME ON THIS WATERFRONT APARTMENT - NOT SUITABLE FOR OWNER-OCCUPIERS! Exclusive 1 bedroom abode with balcony/terrace in an excellent position near the town centre. Enquire today!

Interested in this property? Enquire today for more information

Key features

Key features

EARN INSTANT INCOME

Key features

WATERFRONT APARTMENT

Key features

TERRACE WITH PICTURESQUE CANAL VIEW

Key features

QUIET AND PRIVATE SETTING

Key features

EXCELLENT POSITION NEAR TOWN CENTRE

Key features

EXCELLENT LOCATION

EARN INSTANT INCOME ON THIS WATERFRONT APARTMENT - NOT SUITABLE FOR OWNER-OCCUPIERS! Exclusive 1 bedroom abode with balcony/terrace in an excellent position near the town centre. Enquire today! More info...

Yieldit are delighted to offer onto the market this waterfront one bedroom apartment that has the added bonus of a terrace. The accommodation briefly comprises of entrance hall, spacious lounge with terrace, bedroom with terrace, kitchen, family bathroom and a allocated parking space outside. The property is also tenanted so you will earn instant income as soon as you invest.

The price growth in Atherstone is higher than the national average, with the 2 year growth at 1.2 times the national average. Compared to other areas, CV9 is a relatively inexpensive area with an average price 21.5% lower than the national average, giving ample room for growth in years to come. The average house price in Atherstone is £288,978 and the average rent is £916.

The town has a historic centre based around St. Mary’s Church and the Market Square. Tourism is an increasing feature with Atherstone being a popular stopping point on the Coventry Canal. There are still rail links, with recently improved timetables, and the town is situated close to the two urban developments of Tamworth and Nuneaton. The town is within easy travelling distance of the cities of Birmingham, Coventry, Derby, Leicester and Nottingham. Burton upon Trent is also within easy travelling distance.

  • Key features
    Tick Desktop EARN INSTANT INCOME
    Tick Desktop WATERFRONT APARTMENT
    Tick Desktop TERRACE WITH PICTURESQUE CANAL VIEW
    Tick Desktop QUIET AND PRIVATE SETTING
    Tick Desktop EXCELLENT POSITION NEAR TOWN CENTRE
    Tick Desktop EXCELLENT LOCATION
  • 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*
Gross rent £6,600
Ground rent £150
Service charge £954
Lettings fees £960
Net income £4,536
Gross yield 6%
Net yield 4.12%

*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.