Studio for sale
Key information
Features and description
- Tenure: Leasehold
- Studio Apartment
- Central Location
- Investment opportunity
We are pleased to present this studio flat in a highly convenient location, offering an excellent opportunity for investors. The property features an open-plan lounge/bedroom/kitchen area with white goods included, and a separate shower room. The property has recently been redecorated and benefits from new carpets.
This apartment is being sold with the tenants in situ, currently paying £725.00 per calendar month. With this rental income, the property offers a strong gross yield of 7%. There is the option of the property being sold with vacant possession if required.
Key details:
- Ground Rent: £238.92 per annum
- Service Charge: £145.99 per month
- Length of Lease: To be confirmed
After accounting for service charges and ground rent, the net rental yield is an attractive 5.34%.
Don't miss out on this fantastic investment opportunity. Contact us for further details or to arrange a viewing.
EPC rating: B. Tenure: Leasehold,About this agent
