I've been approached by an investor who will be selling their 2 bed apartment in Bilton as they now live outside the UK. This is already tenanted at £625, with annual charges of about £750 and 115 years on the lease. Asking price of £129,000.
This is a popular rental location in Rugby, south of the town centre and right next to Bilton Village which has a range of shops and amenities. The flat has been rented from new - never vacant for more than a few days at a time. It's clean, modern, and attracts good quality tenants. A very easy investment if you like things low hassle and fairly 'safe'.
With the recent stamp duty changes, there's massive activity in the market at the moment - the real issue is going to be whether solicitors can deal with transactions by end March. If you are interested please make sure you email me quickly at richard.baker@belvoir.co.uk.
With the recent stamp duty changes, there's massive activity in the market at the moment - the real issue is going to be whether solicitors can deal with transactions by end March. If you are interested please make sure you email me quickly at richard.baker@belvoir.co.uk.
