Property description
With the banks still continuing to provide such a poor return on your hard earned money, bricks and mortar has got to be high on the list for alternative revenue. Not only do you get the rental income but you can also sit back and wait for the capital appreciation to kick in.
Your tenants are going to love the fact that they are right in the hub of the village and can easily walk to the shops, train station and bus stops. Whilst typing this up I have just had a look on the rightmove website for available rental properties and there is only one 2 bedroom apartment available to rent in Westgate (so wait for the floodgates to open).
Another huge advantage with investing in this apartment is that the outgoings are very low so you won’t have large management charges eating into your investment. You never know, you may like the location so much that you decide to move in there yourself at a later date.
On the flip side whilst your money is not earning any interest in the bank, the lending rates are so low it may make sense to take out a mortgage on this and then you could afford to buy more than one apartment. Before you know it you could be a property “Mogul” in style of Lord Sugar (Well we all have to start somewhere). When you call to book a viewing we can help you out with this as well.
Please refer to the footnote regarding the services and appliances.Room sizes:
- FIRST FLOOR
- Entrance Hall
- Lounge/Dining Area: 8'9 x 7'1 (2.67m x 2.16m)
- Bedroom 1: 13'4 x 9'1 (4.07m x 2.77m)
- Bedroom 2: 9'9 x 8'5 (2.97m x 2.57m)
- Bathroom
- OUTSIDE
- Communal Garden
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
Image of house front
Image of living room
Image of kitchen
Image of bedroom
Image of bathroom
Property Features :
- 2 Bedroom apartment
- Excellent Buy to Let
- No upward chain
- Central village location
- Close to beach and shops