Guide Price £27,950

1 bed flat for sale in Kenilworth Court, Washington (ref: RS0433)

Shortlist

Key features

  • Investment Opportunity
  • Furniture Included
  • Excellent EPC Rating of B
  • Tenant In Situ
  • Rent from Day 1
  • Excellent Rental Yield
  • Rental Demand
  • Ample Transport Links

Video

Perfect for investors, this one-bedroom flat in Kenilworth Court offers an excellent opportunity to secure a ready-made investment with immediate returns.

Tenant in situ - immediate income:

The property is currently tenanted, allowing for a seamless transition for any investor and instant rental income from day one, generating a 12% yield. This removes the hassle and costs associated with sourcing a tenant, making it an ideal low-effort addition to any portfolio or a great first step into buy-to-let investing.

Energy Efficient - EPC Rating B:

Boasting an EPC rating of B, this property offers excellent energy efficiency, helping to keep utility costs lower for tenants and making it more attractive in today's market. With increasing regulations around minimum EPC standards for rental properties, this also provides added reassurance for investors, helping to future-proof the investment and reduce the likelihood of costly upgrades down the line.

High rental demand location:

Situated in a popular residential area, the property benefits from strong and consistent rental demand. Conveniently located just 8 minutes from The Galleries, 10 minutes to Pelaw Metro Station, and 14 minutes to Team Valley, it appeals to a wide range of tenants seeking accessibility and local amenities.


Upon entering, you are welcomed into the living room, which leads out onto a small balcony area, offering additional space and natural light. From here, you move through to the corner kitchen, designed for practical everyday use.

The property continues through to a spacious double bedroom, complete with bright windows allowing plenty of natural light. The bathroom is fitted with a bath and detachable shower head, providing convenience for tenants.

All of the furniture is included in the sale of the property.

The service charge includes buildings insurance, providing added peace of mind as the property is fully covered within the cost.

Kenilworth Court is ideally positioned for access to local shops, transport links, and major road networks, making it a practical and desirable location for tenants and ensuring long-term rental appeal.

Council Tax Band: A (Sunderland Council)
Tenure: Leasehold (85 years)
Ground Rent: £10 per year
Service Charge: £115.23 per month

125 years from the 1st of April 1986

The lease holders are currently negotiating with the lessor company for a new much longer lease, it is unknown how long or at what stage their progress is.
Garden details: Communal Garden
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains


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Stamp duty due

Based on a sale price of £27,950 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

6 Property images

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Further details

  • New Listing: launched in the last 10 days
  • Status: Available
  • Council tax band: A
  • Tenure: Leasehold
  • Reference: 713104

Location

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