This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- PLEASE WATCH THE WALK-THROUGH VIDEO BEFORE BOOKING AN APPOINTMENT
- Very large 1 bedroom first floor flat - Small block of just 6 flats
- Within 300 yards of the railway station
- Remainder of 999 year lease and 1/6 share of freehold
- Allocated and visitors parking spaces
- Very large lounge/dining room which could be divided to provide a 2nd bedroom
- Main bedroom with fitted wardrobes - Separate kitchen and bathroom
- Ideal first purchase or buy to let investment
- Should rent out for at least £800 per month giving an annual income of £9600 (4.8% return on investment)
- Requires some cosmetic updating EPC: C Council Tax Band: B
A very large one bedroom 1st floor flat 300 yards from the station with parking space, long lease, 1/6th share of freehold and very low outgoings of just £45 per month, making it a perfect first purchase or long-term buy to let investment.
The property is one of just 6 apartments in the block and enjoys one of the sunniest positions with aspects to the east and west and although is presented for sale in neutral order throughout would now benefit from some cosmetic improvement. The residents collectively own the freehold of the building and pay a very low service charge of just £45 per month which has remained the same for some years making this an ideal first purchase or long-term buy to let investment. The probably should rent out for at least £800 per month giving an annual income of £9600 and a 4.8% return on the investment – far greater than interest generated in any High Street bank. Outside there are allocated and visitors parking spaces. The property is offered for sale with immediate vacant possession and no onward chain.
Tenure: leasehold and a 1/6th share of freehold
Lease - 999 years from 1989
Service charge: £45 per month
Managed by residents: Sonny Management Limited
NB. This information is believed to be correct. However, any intending purchaser should check with the managing agents before proceeding.
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