2 bedroom flat for sale

Two Bedroom Ground Floor Flat. No Chain Involved. Offered with Vacant Possession. Situated close to Low Fell and its local amenities.

Similar apartments in the area typically achieve rents of around £800 PCM depending on standard, representing an investment opportunity with an approximate gross yield of 8.7% based on the current asking price of £110,000.

The accommodation briefly comprises an entrance lobby with storage cupboard, a lounge to the front with bay window, and a kitchen with built-in oven, electric hob and extractor fan, with plumbing for a washing machine and space for an under-counter fridge.

To the rear are two double bedrooms with space for wardrobes, along with a bathroom/WC featuring partial tiling, shower over bath and extractor fan.

Additional benefits include residents parking, electric heating system, and a secure intercom entry system.

We understand the property is on a 125 year lease from July 2001 leaving approx. 98 years at the time of listing.

The service charge is approximately £125 per month and the ground rent is approximately £50 per annum and is paid to Kingston Property Services. Please note we have not inspected the head lease.

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.

QLF260047/2