Apartment for Sale, Ocean Heights, Gibraltar

Studio in Prime Central Location - 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 Gibraltar’s 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.

PRIME CENTRAL STUDIO INVESTMENT OPPORTUNITY pound;162,000 PRICE FOR QUICK SALE TENANT IN PLACE IMMEDIATE RENTAL INCOMEAn 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 pound;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.

INVESTMENT HIGHLIGHTS Asking

Price: pound;162,000 Studio Apartment Prime Central Location Tenant in Place - Income from Day One Communal Swimming Pool Lift Access 950-Year Leasehold PRIME CENTRAL LOCATIONThe 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.

A READY-MADE INVESTMENTWith an existing tenant paying pound;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.

PROPERTY DETAILSPrice: pound;162,000Property

Type: Studio

Apartment Tenure: Leasehold - 950 years

Communal Facilities: Swimming Pool Lift PRICE FOR QUICK SALE CASH BUYERSAn excellent opportunity for cash buyers and investors seeking a centrally located Gibraltar property with an existing rental income and strong investment potential.

Sales Viewings Further Information Please contact our sales team to arrange a viewing or request further information. +350 57000605 +350 57000604 +350 200 44537 FSG0297 Communal Pool Lift Access Prime Central Location Tenant in Place Attractive Rental Yield Don’t miss this excellent investment opportunity - contact our sales team today to arrange your viewing.

Tenure: Leasehold (950 years)Ground

Rent: pound;35 per quarter

Service Charge: pound;225 per quarter