2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (63 years remaining)
- CALLING ALL LANDLORD INVESTORS
- Being Sold With Tenant In Occupation
- Ground Floor Flat
- 2 Bedrooms
- Let On Assured Shorthold Tenancy At £85 Per Week
- 11.06% Yield
- uPVC Double Glazing & Gas Central Heating
- Excellent Investment Opportunity
FOR SALE EXCLUSIVELY TO LANDLORD INVESTORS - This is an excellent opportunity for a buy to let investor as this two bedroomed ground floor flat is being offered for sale subject to existing tenancy with a tenant paying £85 per week. The tenant wishes to remain in occupation and therefore this is a readymade investment income stream.
The flat comprises of entrance hall, living room, hallway, two bedrooms, kitchen with fitted units, side entrance lobby and a bathroom with three piece suite. It has uPVC double glazing and gas fired central heating.
At a passing rent of £4420 per annum is this an excellent 11.06% yield.
Rooms
Ground Floor
Living Room 3.8m x 3.67m
With ceiling rose, dado rail, radiator and uPVC double glazed window unit.
Inner Hallway
With radiator.
Bedroom 1 3.93m x 3.36m
With ceiling rose, coving, dado rail, radiator and two uPVC double glazed window units.
Bedroom 2 3.92m x 2.96m
With gas fired central heating combination boiler. Radiator and uPVC double glazed window unit.
Kitchen 3.66m x 3.39m
Partially tiled and fitted with a selection of wall and base units incorporating a sink unit with drainer and having electric point for cooker and extractor hood, plumbing for an automatic washing machine. Radiator and uPVC double glazed window unit.
Side Entrance Lobby
With uPVC double glazed entrance door.
Bathroom
Fitted with a three piece suite comprising panelled bath, pedestal basin and low-flush w.c. Radiator and two uPVC double glazed window units.
Tenure
Leasehold - For a term of 99 years from 5th October 1988 with a ground rent of £25 per annum. All interested parties are advised to make their own enquiries.
Council Tax Band A
This information was obtained on the 15th November 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
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