Studio for sale
Key information
Property description & features
- Tenure: Freehold
- Studio apartment
- Ideal investment property
- 6.5% yield
- Popular location
- Ground floor
- 900+ year lease
- Chain free
- £600 service charge
- £150 ground rent
- EPC rating D. Council tax band A
Attention investors! A ground floor studio flat that is currently generating a 6.5% yield. The property is situated in this popular development and is larger than the average local studio. The property is offered to the market in good condition. The current tenant has a contract until 30th November 2024 and is currently paying £830.
General Description
Entrance:
Entrance via the communal front door leading to the communal hall and front door.
Living Area:
Abt. 15' 5" x 13' 9" (4.70m x 4.19m) Window to front aspect. Electric heater. Built in wardrobes. Laminate flooring.
Kitchen:
Abt. 7' 2" x 6' 2" (2.18m x 1.88m) Range of fitted wall and base units with roll top work surfaces and single stainless sink drainer. Plumbing for automatic washing machine. Window to rear aspect.
Bathroom:
Suite comprising low level wc, panelled bath and panelled hand wash basin. Window to rear aspect. Fully tiled walls.
Dressing Room:
Abt. 5' 3" x 4' 0" (1.60m x 1.22m)
External
Outside:
Outside communal garden. Mainly laid to lawn.
Property information from this agent
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Broadband availability and predicted speed: obtained from Ofcom on March 8, 2022
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 8, 2022
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: obtained on October 13, 2022 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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