This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Tenure: Leasehold
- Possible rental yield of 7.7%!
- Long term tenant in situ
- Fully managed by Belvoir Stoke On Trent
- Up to date gas and electrical checks
- Low maintenance investment opportunity
- Producing a rental income of £395 PCM, increasing to £450 PCM in July 2023
After an off the shelf rental investment, with a current sitting tenant? Enjoy a potential rental yield of 7.7%!
The current tenant has enjoyed this low maintenance apartment for a number of years, with management provided by Belvoir Stoke on Trent.
With all gas and electrical certifications in place, this ready to go investment is perfect for a first time landlord.
Entry
With a well maintained intercom system and postal storage, this low maintenance entry is perfect for tenants.
Lounge
From the hallway enter the Lounge, with a large window facing the front elevation, bringing in lots of light to the room.
The tenant currently uses the room as a living and dining area, with it being big enough to house both a dining set and lounge furniture.
Kitchen
The kitchen is accessed through the lounge, with a range of base units, compliments by white splashback tiling and a window to the side elevation.
Bathroom
A large bathroom is provided with a small utility separating it from the lounge. With a three piece suite, chrome shower and a bright frosted window.
Bedroom
A clean and tidy double bedroom, with lots of space for storage furniture, finished nicely by a large bright window to the front elevation and electric heating.
To the rear elevation there are shared gardens which can be enjoyed by the tenant.
Rental income - £395 PCM increasing to £450 PCM in July 2023.
Lease term - 999 years from 2004
Ground Rent - £10 per year
Service Charge - £60 per month
Council Tax Band A
EPC Rating E
Disclaimer - We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Belvoir and our partners provide a range of services to buyers, although you are free to use an alternative provider. For more information simply speak to someone in our branch today. We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of up to 20% (inc VAT) of the mortgage commissions earned by the Mortgage Advice Bureau, if you take out a mortgage through them. If you require a solicitor to handle your purchase we can refer you on to Charltons solicitors or Knights solicitors. We may receive a fee of up to £120 (inc VAT), if you use their services. If you require a removals firm, we can refer you to Move My Stuff. We may receive a fee of up to 10% of the invoice value, if you use their services.
EPC rating: E. Council tax band: A, Tenure: Leasehold, Annual ground rent: £10, Annual service charge: £60,Places of interest
See more properties like this:
*DISCLAIMER
Property reference P1326. 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 Belvoir - Stoke-on-Trent.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
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
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.