Ruut Homes is proud to present a two-bedroom flat - perfect opportunity for both investors and homebuyers, offering a smart, modern living space and excellent financial returns.
The flat comprises a spacious open-plan kitchen and living area, perfect for modern lifestyles, two generously sized bedrooms, and a sleek, fully tiled bathroom featuring a walk-in shower and an ensuite. An allocated parking space is included with the property, providing convenience and security for residents or tenants. Offered leasehold with 999 years remaining, this property offers long-term stability and low ownership costs. The service charge is just £540 per annum, ensuring the building remains well-maintained without significantly impacting yield or affordability. Currently generating over £11,000 per year in rental income, the flat delivers a gross yield of approximately 7.5%, making it a strong investment for landlords looking to grow or stabilise their portfolio. Whether youre an investor seeking a high-performing asset, a first-time buyer, or someone looking to downsize to a low-maintenance home, this property offers excellent value, strong rental demand, and a comfortable, practical layout.
Property Features:- Two well-proportioned bedrooms- Open-plan kitchen and living room- Modern walk-in shower - Ensuite bathroom- Allocated parking space- Long lease: 999 years remaining- Service charge: £540 per annum- Offers in the region of £150,000- Rental income over £11,000 per annum- Approximate gross yield: 7.5%- Ideal for investors or owner-occupiers Location & Amenities: - Shops & Essentials: Local convenience stores, butchers, cafés, and takeaways within walking distance - Schools: Barwell C of E Academy & Heath Lane Academy nearby - Healthcare: Local GP surgery and pharmacy within 0.2 miles - Transport: Regular bus routes to Hinckley & Leicester; Hinckley train station ~2.5 miles away - Leisure: Parks, playing fields, and community centres close by
With a modern interior, strong rental income, long lease, and low annual costs, this flat is a standout opportunity in todays market. Ideal for those seeking a hands-off investment or a ready-to-move-in home with excellent local connections. Interested? Contact Ruut Homes today to arrange a viewing.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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