Erin Court, Swindon

An outstanding investment opportunity: a well-maintained ground-floor apartment in SN1 4NS, offered with no onward chain and boasting immediate rental income potential.
This attractive ground-floor apartment is an ideal acquisition for discerning buy-to-let investors, presenting a compelling return on investment. The property benefits from double glazing, efficient electric heating, and contemporary fixtures in both the kitchen and bathroom. A valuable allocated parking space further enhances its appeal to tenants.
Currently, the apartment houses a long-term, reliable tenant who wishes to continue their occupancy, ensuring seamless income generation from day one. This negates the typical void periods and associated costs, providing instant cash flow for the investor.
The property's layout includes a private entrance porch with a side window, leading into well-proportioned living areas. The location within SN1 4NS is highly desirable for renters, offering convenient access to local amenities and transport links, thereby sustaining consistent occupancy rates.
Living Room – 3.67m x 4.54m
A bright and welcoming space, featuring a front-facing uPVC double glazed bay window, television point, wall-mounted electric heater, and telephone point. This room provides open access to the kitchen and leads to the bedroom.
Kitchen – 4.01m x 1.81m
The modern kitchen, with a rear uPVC double glazed window, is equipped with practical floor units, a stainless steel single drainer sink unit with mixer tap, and roll-top work surfaces with tiled splashback. It includes space and plumbing for a washing machine, an electric cooker point, and further appliance space, meeting tenant expectations for modern living.
Bedroom – 3.32m x 4.01m
A comfortable double bedroom with a front aspect uPVC double glazed window and a built-in double wardrobe, ensuring ample storage. A wall-mounted electric heater provides efficient warmth, and a wooden door connects directly to the bathroom.
Bathroom – 2.80m x 1.81m
The modern bathroom comprises a panelled bath with a fitted shower over and tiled surround, a pedestal wash hand basin with tiled splashback, and a low-level WC unit with a dual flush button. An airing cupboard houses the water tank, complemented by a wall-mounted electric heater and extractor fan, offering a complete and functional space.
Parking
The inclusion of one allocated parking space is a significant advantage in this area, adding value and appeal for prospective tenants.
Tenure & Financials. The Service Charge is £792.18 every 6 months. The ground rent is £43.75 per annum. The lease holds approximately 62 years remaining from its original 99-year term, commenced in 1989. For a strategic investor, these figures provide a clear understanding of the running costs.
Rental Income & ROI
With a potential rental income of £600 - £650 per month, this property offers a strong yield. Considering the attractive asking price of £104,999, diligent calculations will reveal a compelling return on investment, making this a financially sound venture.
Flexible viewings are highly recommended to fully assess this lucrative investment opportunity and determine its fit for your portfolio.