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£170,000

Cowleaze, Ridgeway Farm, Swindon, SN5

  • 2 beds
Flat
Under offer/SSTC

£170,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£776 per month

Minimum deposit amount:

£8,500
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(VIRTUAL TOUR AVAILABLE!) A PERFECT FIRST-TIME / INVESTMENT OPPORTUNITY! MILES BYRON are delighted to offer 'For Sale' this very spacious (c.750 sq ft/70 sq meters) and stylishly presented TOP FLOOR APARTMENT. This property benefits from: GREAT STORAGE SPACE, TWO LARGE DOUBLE BEDROOMS (BOTH WITH FITTED WARDROBES), A LARGE & MODERN 3-PIECE BATHROOM, C.24' X 12' DUAL ASPECT LIVING/KITCHEN AREA WITH A BALCONY WHICH IN TURN PROVIDES FAR REACHING VIEWS AS WELL AS OUTDOOR SPACE (PERFECT FOR THOSE LONG SUMMER, ALFRESCO NIGHTS). This delightful property also has allocated parking for two vehicles. Other attributes include: uPVC double glazing and radiator gas heating. The property also benefits from having the remaining N.H.B.C. Warranty via Taylor Wimpey Homes. On a buy-to-let basis, we would estimate a rental income of approximately £750.00 - £795.00 per calendar month! (an annual gross yield of 5.29% based on purchasing at £170,000 and achieving the rental income of £750.00 pcm.

The Terms Of The Lease Are As Follows: 150 length lease from June 2018 (C.147 Years Remaining), Ground Rent: £150.00 p/a, Service Charge: £991.17, Estate Charge: £138.69 p/a

The situation of this property is conveniently positioned centrally between both Purton and West Swindon which in turn provides excellent access to public transport, local schooling, amenities such as West Swindon Shopping Centre, North Swindon Orbital Retail Park & Shopping Centre as well as offering superb access to major road links such as Junction 16 of the M4 Motorway. The property is also located approximately c.4 miles away from the Designer Outlet Village, Town Centre and the railway station. To fully appreciate this amazing apartment, we would highly recommend you arrange a viewing as soon as possible!

Tenure: Leasehold (147 years)
Ground Rent: £150 per year
Service Charge: £1,063.39 per year
Parking options: Off Street

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