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REF_HKI3232

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Lease Opotion 

Warwick
1 bedroom Apartment 
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Price reduction and increased term 

Option Price:

Option Deposit:*

Option payments:

Term:

Est. Occupancy:

NET Profit (PCM):

EST. NET PROFIT PA: 

Yield:

*Option deposit to be agreed available on a payment plan*

£175,000

To be Agreed 

£600

5 Years 

Tenanted 

£284

£3402

7%

Hotkey Invest are proud to present this well presented 1 bedroom top floor apartment in Warwick. ​

Exquisitely presented this apartment comprises of 1 double bedroom  and fully fitted bathroom. The apartment has an open plan living space creating a spacious living and dining experience. The property is situated in central Warwick looking over the racecourse and just a 10 minute walk to the historical Warwick Castle.

The property is currently being utilised as a single family let, the option payments of £600pcm to include the service charge and ground rent. The tenants are on a 12 month contract and have been in the property since January. 

Hotkey invest have the ability to negotiate the option deposit for this property along with the ability to spread the deposit into a payment plan for more information speak to a member of the tea today.

The property comes fully furnished ready to move straight into or to be used as serviced accommodation without purchasing a furniture pack. 

A Similar property is currently for rent on Rightmove to be utilised as serviced Accommodation for £2379pcm 

Please see link below 

https://www.rightmove.co.uk/properties/140677259#/?channel=RES_LET

This would be an option after the AST contract term ends. 

This is a leasehold property, however the ground rent a service change is included in the monthly option price. 

There is 107 years left on the lease.

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KEY FEATURES

 

 Double Bedroom  

Leasehold

Stunning Location 

Private parking 

Finished to a High Spec

5 Year Term 

Spacious open plan living 

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FINANCIALS - SFL

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We insist any interested parties must satisfy themselves as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any commitment to participate. Click here for full disclaimer

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Hotkey Invest
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Hotkey Invest's Registered office,
44-46 High Street, Wem, Shrewsbury, SY4 5DG
DISCLAIMER
IMPORTANT NOTICE: Hotkey Invest trading name for Hotkey Consultancy Ltd for themselves and for the lessors or vendors of this property whose agents they are give notice that:  1. No appliances, services or service installations have been tested and no warranty as to suitability or serviceability is implied. Any prospective purchaser or lessee is advised to obtain verification from their surveyor or solicitor.  2. The particulars are set out as a general outline only for the guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract.  3. All descriptions, calculations, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representation of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them before making any commitment to participate.  Calculations have been rounded up or down accordingly. 4. No person in the employment of Hotkey Invest has any authority to make or give any representation or warranty whatsoever in relation to this property.  5. All rentals and prices are quoted exclusive of Stamp Duty, legal and surveyors fees and any other associated purchasers or lessees costs.  6.  Floor plans are indicative only and should not be relied on.  7. The map showing the boundary of the property postcode is indicative only and has not been checked against the legal title so should not be relied on.  8.  All dimensions, floor areas and site areas are only approximate and should not be relied on.  Dimensions are generally maximum room dimensions.  9. Hotkey Invest is not a regulated or licensed investment or financial advisor, therefore please seek independent financial advice.  10. Hotkey Invest is not a property management company for Serviced Accommodation, House of Multiple Occupation, Buy to Let and other, therefore please seek an independent management company before making any commitment to participate.  11. Hotkey Invest cannot be held liable for any losses whatsoever incurred as a result of any decisions made from relying on this report.
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