Investment Opportunity | Prime Location Studio
£162,000
Studio for sale
Studio in Prime Central Location β Investment Opportunity
Price for Quick Sale | Cash Buyers
This well-presented studio apartment offers an excellent opportunity for buy-to-let investors, located just steps from Main Street and adjacent to Gibraltarβs lively Chatham Counterguard with its restaurants and bars.
Currently tenanted at GBP850 pcm, this property delivers a Gross Yield of 6.296% and a Net Yield of 5.654% after annual service charges and rates of only GBP1,040. A strong rental performer, it can be sold with the tenant in place for immediate income.
ποΈ PRIME CENTRAL STUDIO | INVESTMENT OPPORTUNITY
π· £162,000 | PRICE FOR QUICK SALE
π TENANT IN PLACE | IMMEDIATE RENTAL INCOME
An excellent opportunity for investors looking for a centrally located property with an attractive rental return.
Situated in a prime central location just moments from Main Street, this well-presented studio apartment is ideally positioned next to the vibrant Chatham Counterguard, with its excellent selection of restaurants, bars and leisure facilities right on the doorstep.
The property is currently tenanted at £850 per month, providing an immediate rental income stream for the new owner. With strong rental demand for centrally located properties, this studio represents an appealing buy-to-let investment with an established tenant already in place.
β INVESTMENT HIGHLIGHTS
π· Asking Price: £162,000
π Studio Apartment
π Prime Central Location
π Tenant in Place β Income from Day One
π Communal Swimming Pool
π Lift Access
π 950-Year Leasehold
π PRIME CENTRAL LOCATION
The apartment is ideally situated within easy walking distance of Main Street, offering convenient access to shops, cafés, restaurants and everyday amenities.
Located adjacent to Chatham Counterguard, residents can enjoy a vibrant selection of restaurants, bars and entertainment venues right on their doorstep.
This central location makes the property particularly attractive to tenants seeking convenience, accessibility and the lifestyle that Gibraltar has to offer.
πΌ A READY-MADE INVESTMENT
With an existing tenant paying £850 pcm, the property offers investors the opportunity to acquire an investment with rental income already established.
The combination of its highly desirable central location, existing tenancy, attractive rental yield and excellent communal facilities makes this a compelling opportunity for investors looking to add to their property portfolio.
π PROPERTY DETAILS
Price: £162,000
Property Type: Studio Apartment
Tenure: Leasehold β 950 years
Communal Facilities: Swimming Pool & Lift
π₯ PRICE FOR QUICK SALE | CASH BUYERS
An excellent opportunity for cash buyers and investors seeking a centrally located Gibraltar property with an existing rental income and strong investment potential.
π Sales Viewings & Further Information
Please contact our sales team to arrange a viewing or request further information.
π§ info@findaproperty.gi
π +350 57000605 | +350 57000604 |+350 200 44537
π www.findaproperty.gi
FSG0297
π Communal Pool | π Lift Access | π Prime Central Location | π° Tenant in Place | π Attractive Rental Yield
Donβt miss this excellent investment opportunity β contact our sales team today to arrange your viewing.
Tenure: Leasehold (950 years)
Ground Rent: £35 per quarter
Service Charge: £225 per quarter
Features
- Communal Pool
- Lift Access
Reference: FSG0297
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.