Summary - FLAT 9, SUMBLAND HOUSE, RAKE LANE M27 8RJ
1 bed 1 bath Flat
**Standout Features:**
- 1 double bedroom flat in a secure, popular residential area
- Modern fitted kitchen and bathroom
- UPVC double glazing and 'combi' gas central heating
- Chain-free sale with tenant in situ providing immediate rental income
- Annual yield of 9%
- Close proximity to local amenities and excellent transport links
- Secure fob and buzzer access, plus communal gardens
**Potential Concerns:**
- Needs modernization and potential damp issues
- Service charge of £450 annually, considered below average
- Located in a neighbourhood classified as having deprivation
This charming 1-bedroom apartment is a perfect opportunity for investors seeking immediate returns with a tenant already in place. With an attractive 9% annual yield, this first-floor flat features a welcoming hallway, a spacious lounge, and a modern kitchen and bathroom. Benefit from the convenience of UPVC double glazing, efficient 'combi' gas heating, and secure access, complemented by serene communal gardens for relaxation.
Ideally situated close to essential amenities, schools, and transport links, this property combines comfort with investment potential in a vibrant neighborhood. While the flat does require some modernization and has possible damp concerns, the low service charge and chain-free status make it an appealing choice for savvy buyers. Don’t miss out on this exclusive investment – arrange a viewing today!
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