This vacant studio apartment presents a significant opportunity for renovation and investment. Situated in Bracknell, the property is conveniently located near the town centre, offering easy access to Bracknell station and local amenities.
The studio requires modernization, allowing potential buyers or investors to tailor the space according to contemporary design preferences and lifestyle needs. With residential parking available, this adds value for both owner-occupiers and renters alike.
Given the location's attractiveness and demand for rental properties, this apartment could yield an estimated monthly rent of between £800 and £900 once updated, translating to a gross yield of approximately 9.6% to 10.8% per annum based on condition. This makes it an appealing option for those looking to enter the rental market or expand their investment portfolio in a growing area.