**Key Features:**
- 1 bedroom, 1 bathroom flat situated on the first floor
- Prime location in Swindon town center, perfect for investors
- Currently tenanted, generating income of £750 per month
- Approximately 970 years remaining on the leasehold
- Service charge: £1,201.95; Ground rent: £1 per year
- High crime rate in the area; some signs of wear and potential damp issues
- Modern open-plan living area with a cozy yet compact design
This appealing one-bedroom apartment in the vibrant heart of Swindon presents an exceptional opportunity for astute investors seeking a rental-ready property. Boasting an attractive rental income of £750 per calendar month, there is potential for future growth in the currently thriving rental market. The charming Victorian-red brick structure features original details such as sash windows, adding character to the cozy living space. While the flat shows signs of some wear, with possible damp and dated appliances, it provides a solid foundation for future renovations, allowing you to tailor it to your vision and increase its value.
Enjoy the benefits of a highly sought-after location surrounded by a plethora of amenities—everything from cafes and bars to schools and local parks, catering to urban lifestyles. However, it’s vital to note the area's high crime rate and existing maintenance concerns. This property is sold via auction to cash buyers only, which adds an urgency for those looking to secure a steady investment in a notable location. Don’t miss out on this unique opportunity!