3 bedroom flat

INVESTEMENT OPPURTUNITY – to be sold with tenant in-situ currently paying £580pcm giving a gross yield of 8.81% against the asking price.

The current tenants have lived in the property for several years and the owner has verbally advised us they have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Comprises:
Entrance Lobby with stairs To First Floor Landing

Lounge 14'7" x 10'2"
With central heating radiator and storage cupboard housing wall mounted gas central heating boiler.

Kitchen 8'7" x 7'6"
Comprising of a range of wall and base units, worktops, inset sink unit, built in gas hob and electric oven, external door leading to rear yard.

Inner Lobby:
Plumbed for automatic washing machine.

Bathroom 6'6" x 6'1"
Comprising bath, wall mounted wash hand basin, low level WC and heated towel rail.

Bedroom One: 14'6" x 11'9"
Double room with central heating radiator.

Bedroom Two: 7'5" x 11'1"
With central heating radiator.

Bedroom Three: 7'6" x 9'5"
With central heating radiator.

Externally there is a rear yard.

We understand the Flat is 999 year lease from 8 October 1993 with no service charge or ground rent payable. (Full details will be confirmed by solicitors)

Good links to the A1 Western Bypass North/South bound and Metro Centre alike making this an ideal commuting base. The local vicinity has the benefit of primary and comprehensive schools, medical services and public transport links including rail services.

MAKING AN OFFER:
Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

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