Large and spacious one bedroom second floor flat in Barwell, Hinckley

Key Features

  • Second/Top floor flat 
  • Large living room with large windows which brightens up the room
  • Electric storage heating throughout flat
  • Kitchen with plenty of cabinets/units
  • Double bedroom with fitted wardrobes
  • Bathroom with bath tub and separate shower cubicle
  • Communal garden and parking
  • Economy 7 Heating
  • In need of modernisation and suitable for buy to let 

Investment information:

  • Current rental income: £4,500 pa - Periodic tenancy ending 1st June 2017
  • APPROX 5.2% annual yield
  • Term: Leasehold with approx 72 years and 5 months remaining
  • Approx Service charge: £550 per annum
  • Ground Rent: £300 per annum (£25 per month)

This flat is located centrally in Barwell with many local amenities and close to Hinckley Town Centre. The motorway junction is also close by so great for commuters for access to Coventry, Birmingham and Leicester