1 /7
£110,000
Phoenix Court
- 0 beds
£110,000
- 0 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£502 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£5,500
Property listed by:
Pure Investor
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An ideal opportunity for buy-to-let investors: this well-maintained studio apartment is already let to a reliable tenant and professionally managed by an agent. Located in the charming village of Kingsclere, just outside Newbury, this property offers a strong rental return with minimal ongoing costs.
PROPERTY HIGHLIGHTS
- Tenanted Investment - Let at £800 PCM
- 8.73% Gross Yield at Asking Price
- Fully Managed by a Letting Agent
- Excellent Letting History - No Vacancy Issues
- Long Lease - Approx. 151 Years Remaining
- Sought-After Residential Location
- EPC: C
- Gross Yield (at £110k) 8.73%
- Net Yield (est.) 8.59%
TENANCY DETAILS
- Current Rent: £800 per calendar month
- Annual Rental Income: £9,600
- Tenancy Type: 12-month AST from 27 February 2025
- Managed by: Letting agent - hands-off ownership
- Viewings of this property are available; however, please note the property is tenanted and we need to respect the tenants' right to a peaceful environment. As such, we will require proof of funds from all parties before booking a viewing appointment. On receipt of the above, we will then arrange access*
Mortgage calculator
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£502 per month
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Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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