White Lion Apartments, Westbury

Property Details: • Type: Ground Flat • Tenure: LEASEHOLD • Floor Area: N/A

Key Features: • One Bedroom Apartment • Open Plan Living Area • Modern Kitchen With Fitted Hob and Oven • En-suite Shower Room • Centrally Located • BTL Investors Only • Tenant In Situ

Location: • Nearest Station: Westbury Station • Distance to Station: 0.7724800129910067 miles

Agent Information: • Address: 7 Palomino Place, Westbury, BA13 3SD

Full Description: <strong>Agents</strong> <strong>Note</strong> <strong></strong> <br />Please note that the photographs used in the advertisement were taken prior to the current tenant moving into the property. <br /><br /><strong>Why</strong> <strong>you'll</strong> <strong>like</strong> <strong>it</strong> <strong></strong> Martin & Co are pleased to present this modern one bedroom apartment for sale, ideally located in the heart of Westbury and forming part of a well executed coach house conversion.<br /><br />The property is being sold with a tenant in situ, making it an attractive opportunity for buy to let investors seeking an immediate income. The current rent is £575 per calendar month, which is paid directly via the local council, providing reliable and consistent rental income.<br /><br />At the asking price of £85,000, the property currently generates an annual rental income of £6,900, representing an approximate gross yield of 8.1%.<br /><br />The accommodation benefits from its own private entrance and comprises an entrance hall leading into an open plan living space with a fitted kitchen area, offering a range of modern units along with a built in oven and hob. The property also provides a good size double bedroom which benefits from an en suite shower room.<br /><br />Externally there is nearby council permit parking available.<br /><br />Overall, this is an excellent opportunity to acquire a well-located investment property with a tenant already in place and a strong rental return from day one.<br /><br />Further Information:<br /><br />LEASE- 111 YEARS REMAINING<br />G.R- £150PA<br />SERVICE CHARGE- £1,861.50 PA <br /><br /><strong>Property</strong> <strong>location</strong> <strong></strong> <br />Westbury is a small market town situated at the western edge of Wiltshire beside the chalk down lands that form Salisbury Plain. The most famous landmark of the area is the vastly impressive Westbury White Horse which is both the oldest and largest White Horse in Wiltshire, makes it a delight for both the walker and cyclist and the area also provides the perfect location for air sports. <br /><br />The town offers a range of shopping and leisure facilities including, library, sports and leisure centre, schools, churches, doctors, dentist surgeries, three supermarkets, post office and the oldest swimming pool in the country. <br /><br />Westbury is exceptionally well positioned for all major road and railway connections with the mainline railway station offering links to London (1 hour 26 minutes), Wales and the whole of the South West of England. <br /><br /><strong>How</strong> <strong>to</strong> <strong>find</strong> <strong>me</strong> <strong></strong> <br />Satnav postcode: BA13 3DE<br />What3Words: ///variation.estimate.fuels <br /><br /><strong>For</strong> <strong>your</strong> <strong>information</strong> <strong></strong> <br />Martin & Co Westbury haven't tested any of the appliances listed in these details, or asked for warranty or service certificates, unless stated - they're on an 'as seen' basis. You should only use floor plans and measurements as a general guide to room layout and design, as they're not exact. Potential buyers are advised to recheck the measurements before completion. Money Laundering Regulations: Purchasers will be asked to produce identification and proof of residency documentation, once an offer has been agreed, we need to hold this on file before solicitors can be instructed.