Green Lane, Devizes, Wiltshire

£105,000

Guide price

  • Bedrooms: 1
SUPERB INVESTMENT OPPORTUNITY/ *6.3% ESTIMATED YIELD/ GREAT home for First Time Buyers/Downsizers/ COMES WITH A GARAGE! A well presented and good sized modern first floor apartment with the added benefit of a garage, on the outskirts of Devizes. Living accommodation comprising of an entrance hall, living / dining room, modern fitted kitchen, 1 double bedroom plus a bathroom. Further benefits include electric heating, double glazing, garage and allocated parking for 1 car. Excellent buy to let opportunity with an estimated rental potential of £550 pcm which equates to a 6.3% Yield- more than you would likely get in most banks.

DIRECTIONS

From the town centre proceed out on the A342 Andover Road and upon reaching the edge of the town turn right at the second mini roundabout into Marshall Road. On entering Heritage Park, the property can be found within the block on the right hand side on the first floor.

SITUATION

The historic market town of Devizes has many amenities including town centre shopping, a leisure centre, schools for all ages, various supermarkets, a variety of shops, cinema, theatre and thriving weekly market. The historic Kennet & Avon Canal runs through the town providing fishing and walking facilities. The major centres of Bath, Salisbury, Swindon, Marlborough and Chippenham are all within a 30 mile radius.

ACCOMMODATION COMPRISES

Communal entrance hall, door to:

INTERNAL HALL

Wall mounted phone entry system, door to cupboard, door to an airing cupboard housing hot water tank and doors to all rooms.

SITTING ROOM

UPVC double glazed French doors leading to a Juliet balcony to the front and a UPVC window also, television, telephone point, night storage heater, arch to:

KITCHEN

Range of wall and base units, a single stainless steel sink and drainer unit, integral electric fan assisted oven, four ring electric hob, stainless steel hood over, integrated washer/dryer, space for fridge/freezer, white tiled splash back, and laminate terracotta tile effect flooring.

BEDROOM

UPVC double glazed window to the front, built-in wardrobe, television point, electric storage heater.

BATHROOM

White suite comprising of a close coupled WC, sink and bath with shower over, extractor fan, shaver point.

GARAGE AND PARKING

The garage is on the far left as you look at them. Through arch into parking area, turn right, end garage. Door should look quite new

The parking space is second from the top from the entrance point.

ESTIMATED RENTAL / YIELD

Based on similar properties that Strakers Let we estimate the rental of this apartment to be at £550 pcm / *6.3% yield (*based on the asking price). The yield is calculated as follows:

Rental= £550 pcm

£550 x 12 months = £6,600 p.a

£6,600 divided by purchase price of £105,000 = 0.063 x 100 = 6.3% Yield

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representations of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only.

Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Arrange viewing 01380 698006

Strakers - Devizes

6 - 7 Market Place, Devizes, Wiltshire, SN10 1HT

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