5 bed Flat For Sale, Kneesworth Street, Royston SG8

Description

Summary A rare opportunity to acquire a fantastic addition to any property portfolio. This recently converted period building is being offered at a reduced rate for a prompt sale, the estimated annual income is £34,800 giving a yield of 5.3%

Royston is a bustling market town steeped in history which has proven to be a property hot spot in recent years.
Local job opportunities and fantastic commuter links to both London and Cambridge has seen demand for properties in the area consistently outweigh supply. Strong capital growth is expected to continue, and a limited supply of available rental properties has been pushing yields up.

Located within 0.1 mile of the charming Royston High Street the apartments offer easy access to the surrounding amenities which include a variety of public houses, bars, restaurants, cafes, local shops, hairdressers, barbers, and convenience stores. A range of schools, gyms (including a leisure centre), doctors' surgeries, dentists and sports clubs are also available.

Nearby transport links Royston mainline rail station offering direct links to London Kings Cross and Cambridge
Road connections via the A10, A505, M11 and the A1/M.
London Luton and Stansted airports are both within a 45-minute drive

outside Communal areas include an external storage cupboard and a courtyard area with bin storage.

Agents note Development comprises:
- Ground floor one bedroom maisonette with a potential rental income of £900pcm.
- First floor two bedroom apartment with a potential rental income of £1000pcm.
- Second floor two bedroom apartment with a potential rental income of £1000pcm.

Material information Tenure - Leasehold
Length of Lease - 999 Years for Each Flat
Annual Ground Rent Amount - N/A
Ground Rent Review Period - N/A
Annual Service Charge Amount - Lease Details tbc
Service Charge Review Period - Lease Details tbc
Council Tax Band - To Be Assessed

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5 bed Flat For Sale £660,000 Kneesworth Street, Royston SG8

5 bed Flat For Sale £660,000
Kneesworth Street, Royston SG8