Flat 4 2 Annerley Road

Attractive Investment Opportunity – Well-Presented Apartment with Strong Rental Appeal Offered by Welcome Homes Online Auctions Welcome Homes are pleased to present this spacious and well-maintained first-floor apartment , an ideal purchase for property investors seeking a ready-to-let asset or a project with strong yield potential. Situated in a secure, purpose-built block with a communal entrance and entry phone system , the apartment is offered with vacant possession and no forward chain , allowing for a swift transaction and immediate rental or resale potential. 🔑 Investment Highlights: Two Bedrooms – A bright and airy double with bay window, plus a good-sized single, ideal for sharers or small families Generous Living Space – Over 15ft dual-aspect sitting room with attractive bay window and plenty of natural light Modern Kitchen – Fitted with integrated oven, hob, and fridge freezer; excellent layout for low-maintenance tenants Contemporary Bathroom – Clean and modern three-piece suite with heated towel rail Loft Room – Valuable bonus space for storage or potential development (subject to permissions) Allocated Parking Space – Always in demand with tenants No Forward Chain – Ready to market or refurbish immediately Pre-Auction Offers Invited – Secure an investment ahead of auction day Rental Potential - £13,200pa 📍 Location: Ideally situated close to local amenities, transport links, and schools, this property is well-positioned to attract long-term tenants. It also sits within easy reach of local employment hubs and commuter routes, boosting its rental appeal. 💷 Tenure & Outgoings: Leasehold: Approx. 69 years remaining (opportunity to enhance value through lease extension) Service Charge: Approx. £1,351.20 PA Ground Rent: Approx. £125 PA Council Tax: Band A – Low overheads for tenants EPC Rating: TBC This property offers excellent scope for yield generation and capital growth, particularly for buyers looking to modernise or extend the lease. Early viewing is highly recommended , and pre-auction offers are welcome.