- 98 SGM approx
- 1055 SQFT approx
- TWO Allocated parking spaces
- Two double bedrooms
- 6.87% Gross Yield
- 11.97% Return on Capital Invested
*** PENTHOUSE APARTMENT*** Available to purchase is a TWO bedroom penthouse apartment with PRIVATE BALCONY and TWO ALLOCATED PARKING SPACES
Penthouse Apartment - The penthouse apartment will offer contemporary open plan living and dining space with large windows ensuring maximum natural light. With hard wood veneer floors and stainless steel
sockets throughout, these high grade specifications combined with custom built kitchens, integral appliances and stylish bathroom designs come offering a home with style, luxury and comfort.
Investor Information - Based on a sale at £199,995k and potential rental income of £1195 pcm (please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary)
- 75% loan assuming standard BTL loan at 2.49% (interest only)
- Capital used £58,849 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £7,043 = 11.97% pre tax income on capital used (these assumptions include a service charge and ground rent payments and is based on a fully managed service)
Entrance Hall - Entrance into the apartment is greeted with hard wood flooring and doors leading to:
Study - The study room is fitted with carpet and large skylight window which allows natural light into the room
Bedroom Two - The large double bedroom is fitted with carpet and large skylight window allows natural light into the bedroom
Bathroom - The family bathroom is fitted with a three piece suite comprising of wash hand basin, WC bath with shower over. The shower has a rainfall shower head, and included in the bathroom is a chrome heated towel rail.
Master Bedroom - The large double bedroom is fitted with carpet, UPVC double glazed window to side of the property with views of private balcony and door leading to;
En-Suite - The en suite is beautifully finished with tiled flooring, a shower cubicle with rainfall shower head, WC, wash hand basin and heated towel rail.
Living / Kitchen Area - Entrance into the kitchen living area is greeted with wood flooring throughout.
Kitchen - The kitchen is fitted with a matching range of base and eye level units with worktop space over. The stainless steel sink with mixer tap, integrated appliance including cooker, hob and extractor hood, fridge freezer and dishwasher.
Lounge - The lounge is spacious allowing for a comfortable living area with patio doors leading to private balcony
Balcony - The private balcony is fitted with a modern wooden deck surrounded by a glass balustrade.
Leasehold Information - The vendor has informed Belvoir the lease is for 125 years
The service charge is £900 per annum
The ground rent is £300 per annum
Belvoir Disclaimer - Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract
Allocated Parking - TWO allocated parking spaces
Property information from this agent
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