1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Freehold
- VIDEO VIEWING AVAILABLE
- Excellent Investment Opportunity
- 1 x 2 Bedroom Ground Floor Flat
- 1 x 1 Bedroom First Floor Flat
- Both Flats Currently Let On Assured Shorthold Tenancies
- Can Be Vacant If Required
A perfect investment as both flats are currently let on Assured Shorthold Tenancy Agreements. The passing rent is £450 for flat A per calendar month and £465 per calendar month for flat B, however we anticipate the rents coulee be increased in the region of £495 per calendar month which would produce a potential gross rental income of £11,880 per annum which equates to a little over a 6.83% rental yield.
Each of the flats are well presented and have modern kitchens and bathrooms with gas fired central heating and uPVC double glazing.
The first floor flat is a one bedroomed accommodation and has a driveway at the front providing off-road parking and the ground floor flat is a two bedroomed flat with parking to the rear.
The property is being sold as a whole or potentially would consider selling each flat individually.
Rooms
107B
Ground Floor
Entrance Hall
With laminate flooring, coving, radiator and uPVC double glazed entrance door.
Living Room 4.45m x 4.24m
With coving, timber fireplace, radiator and two uPVC double glazed window units.
Bedroom 1 3.66m x 3.35m
With coving, radiator and uPVC double glazed window unit.
Bedroom 2 3.5m x 2.44m
With good selection of fitted wardrobes. Radiator and uPVC double glazed window unit.
Kitchen 3.48m x 2.5m
Partially tiled and fitted with an attractive modern white selection of wall and base units incorporating a sink unit with drainer and having integrated electric oven, gas hob and extractor canopy. There is plumbing for an automatic washing machine. Gas fired central heating boiler. Radiator and uPVC double glazed window unit.
Bathroom
Tiled and having a panelled ceiling and fitted with an attractive white suite comprising panelled bath (bath with shower over), hand basin set in vanity unit and a low-flush w.c. Heated towel rail and uPVC double glazed window unit.
Driveway
There is a driveway providing off-road parking to the rear.
Tenancy
This property is currently let on an Assured Shorthold Tenancy Agreement at a passing rent of £465 per calendar month but could be vacant upon completion if a purchaser wishes to reside in the property.
107A
Ground Floor
Entrance Hall
With radiator and uPVC double glazed entrance door. Stairs to first floor accommodation.
First Floor
Landing
With radiator.
Living Room 5.35m x 4.26m
With electric fire set in reconstituted marble hearth with inset and timber surround. Radiator and three uPVC double glazed window units.
Bedroom 3.71m x 3.44m
With radiator and uPVC double glazed window unit.
Kitchen-Diner
5.14m maximum x 3.4m - Fitted with a good selection of modern wall and base units incorporating a sink unit with drainer and mixer tap and having plumbing for an automatic washing machine, radiator, gas fired central heating combination boiler, breakfast bar, laminate flooring and two uPVC double glazed window units.
Shower Room
Fitted with a smart shower room comprising shower cubicle with glazed doors and fitted shower, low-flush w.c. and a pedestal basin. Heated towel rail and uPVC double glazed window unit.
Off-Road Parking
There is off-road parking to the front of the property (would benefit from the installation of a dropped kerb).
Tenancy
The property is currently let on an Assured Shorthold Tenancy Agreement at a passing rent of £450 per calendar month.
Tenure
The owner of this property currently owns the Freehold interest and would be the intension that this is to be sold on a Freehold basis. The vendor would consider granting individual leases if a purchaser would so require.
Council Tax Band A (Each Flat)
This information was obtained on the 25th July 2022 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See
Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference GRS221359. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Jackson Green & Preston - Grimsby.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.