Buckwell, Wellington£135,000
On MarketWilkie May & Tuckwood - 01823 66779902725
- A first floor two bedroom apartment
- Private entrance via external staircase
- Outside space
- Close walking distance to the town centre
- Fantastic investment opportunity
- Potential 7-8% gross yield
- Leasehold with a share of the Freehold
A two bedroom first floor apartment offered for sale with no onward chain, with a potential gross yield of 7-8% creating the perfect opportunity for an investor.
Fenton, the first floor apartment comprises an open plan sitting/dining room and kitchen with two double bedrooms and a family bathroom with a shower over the bath. Fenton has previously been let at £750 per month but it is likely to achieve £800 per month in the current market.
Externally, the property is set in an elevated position with steps leading up to a shared courtyard garden. The town centre is just a short stroll away.
- LEASE INFORMATION
Fenton and Greenclose are Leasehold properties with 999 year leases beginning from 1st January 2020. A 50% share of the Freehold will be transferred upon completion of the sale to each owner.
- LOCATION
Wellington is a popular market town boasting an assortment of both independently run shops and larger national stores to include the well renowned Waitrose whilst also benefitting from a range of educational and leisure facilities a Sport Centre, cinema and The Cleve Hotel & Spa. The landmark Wellington Monument showcases extensive views across the Blackdown Hills which is an Area of Outstanding Natural Beauty.
There is also a regular bus service to outlying villages and to the County Town of Taunton which is approximately 7 miles distant with its main line railway station. The M5 Motorway can be accessed via Junction 26 just outside Wellington.
- DIRECTIONS
From our High Street office proceed in the Taunton direction passing through the traffic lights taking the first turning right into Buckwell where the property will be seen on the right hand side as indicated by our For Sale board.
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