The Sidings, Oakham, Rutland, LE15 6RN

Guide Price £115,000 | Tenanted Investment | 8.50% Gross Yield

A superb buy-to-let opportunity in the heart of Rutland. This modern top-floor apartment is already let at £815 pcm, offering investors immediate income from day one with no void period.

Set within easy walking distance of Oakham's bustling town centre, train station and public transport links, the apartment offers light and airy accommodation throughout, comprising an open-plan living/dining room, a modern fitted kitchen, two generously sized bedrooms and a three-piece bathroom with fitted shower.

The apartment is accessed via a communal entrance hallway with stairs to the first floor, leading through to a private entrance. A porch area opens into the entrance hall, giving access to the fitted kitchen and the bright, spacious living area, with ample room for a dining table. Both bedrooms are a generous size.

With 129 years remaining on the lease, modern specification and an EPC rating of C, this is a low-maintenance, income-producing addition to any portfolio in a well-connected and established rental location.

Key Information:

Guide Price: £115,000 Rental Income: £815 pcm (£9,780 pa) Gross Yield: 8.50% Net Yield: 7.0% (after ground rent and service charge) Lease Remaining: 129 years Ground Rent: £167.82 pa Service Charge: £1,630 pa EPC Rating: C Tenure: Leasehold