2 bedroom flat for sale
Key information
Features and description
- Outstanding ground floor flat
- Open plan living room/kitchen
- 2 bedrooms (1 en-suite)
- Allocated parking space
- Rented out at £1,200 per calendar month
- Excellent investment opportunity
- Guide price: £130,000 - £150,000
- For sale by livestream auction
- 10:00am, Wednesday 25th March 2026
- Unless previously sold or withdrawn prior
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 25th MARCH 2026
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
A particularly well maintained tenanted ground floor flat
This modern purpose built ground floor flat is situated on the north western outskirts of the city between the railway station and golf club.
The property offers 2 bedroom, 2 bathroom accommodation together with an allocated parking space and has been let on a 12 month tenancy from September 2025 at a rent of £1,200 per calendar month.
The tenants have maintained the property exceptionally well and with a gross annual yield of over 11% based on the low end of the Guide Price there's no doubt this is a first class investment opportunity.
Leasehold Information Term: 150 years (less one day) from 1 August 2007 (131 years remaining)
Annual ground rent amount: £196.62
Ground rent review period: To be confirmed
Annual service charge amount: £1,418.41
Service charge review period: To be confirmed
Council Tax Band B
Tenure: Leasehold
EPC Rating: C
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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