About this property

Guide Price £140,000 – £145,000
An excellent opportunity to acquire a two bedroom ground floor apartment on Rockingham Road, Bury St Edmunds, offered for sale with a tenant in situ and currently producing a rental income of £1,050 per calendar month. The accommodation comprises an entrance hall, two bedrooms, bathroom and a generous open-plan kitchen/dining/living area, providing a modern and practical layout. The property further benefits from an allocated parking space.
For investors, the current rental income of £12,600 per annum represents an attractive gross rental yield of approximately 9.00% at £140,000 or 8.69% at £145,000. The property also benefits from an exceptionally long lease with approximately 965 years remaining.

Annual charges:
Service charge: £2863.89 Per annum
Ground rent: £144.80 Per Annum
Total: £3008.69 per annum

With a tenant already in situ, an established rental income, long lease and allocated parking, this represents an appealing buy-to-let investment opportunity in Bury St Edmunds. Early viewing is highly recommended. Gross yield calculated against the stated rental income and guide price, before mortgage costs, taxation, management/letting fees, maintenance and other landlord expenses.

Please be aware that images of the property may have been digitally enhanced, edited, or staged using artificial intelligence, and may not reflect the current presentation or furnishings.