1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (116 years remaining)
This one bedroom flat, located in Bishop Auckland has the potential to achieve £350-£375pcm.
This ground floor flat, comprises of a reception room, bedroom, kitchen and a shower room with W/C.
With a fantastic return of 14.8%, this property is not to be missed!
There are 117 years remaining on the lease. The annual service charge for the property is £950. The annual ground rent is £200.
This property is sure to appeal to investors looking for a high yielding property.
Please contact Ashbrookes on[use Contact Agent Button] option 1 for all enquiries and viewing arrangements.
Measurements:
- Kitchen 10'6" x 6'7" (3.2m x 2m)
- Living Room 10'2" x 10'2" (3.1m x 3.1m)
- Shower Room 8'10" x 6'7" (2.7m x 2m)
- Bedroom 10'2" x 9'2" (3.1m x 2.8m)
Accommodation & Amenities:
- 1 bedroom flat
- Previously tenanted for £375pcm
- £14.8% yield at asking price
- 117 years left on the lease
- 29 Sqm total floor area
Property information from this agent
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Property reference TAV230131. 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 Ashbrookes - Sunderland.
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Broadband availability and predicted speed: obtained from Ofcom on January 21, 2022
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 29, 2022
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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: obtained on November 27, 2014 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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