***INVESTMENT OPPORTUNITY – TENANT IN SITU***
***GUIDE PRICE £160,000 – £170,000*** This well presented two bedroom, two bathroom GROUND FLOOR apartment is offered for sale with the existing tenants in situ currently paying £650 PCM which is a potential ANNUAL RENTAL YIELD OF 4.9%!! The apartment is close to the mainline station and offers allocated parking so is ideal for anyone looking for a strong rental investment with excellent transport links!!!
***DON’T MISS OUT!!!***
Communal entrance (with security entry phone system) and door to entrance hall.
Panel doors to open plan living area, two bedrooms and bathroom, doors to airing cupboard and additional tall storage cupboard. wall mounted electric heater and wall mounted entry phone.
Living Area (4.29m x 2.95m)
Double glazed window to front, wood finish flooring, wall mounted electric heater and through access to kitchen.
Kitchen (2.95m x 2.03m)
Fitted with a range of modern high and base level units with contrasting work surfaces over and incorporating a single bowl sink and drainer unit with mixer tap over, built in electric oven and hob with extractor fan unit over, Space and plumbing for washing machine and space for tall fridge freezer, tiling to splash back areas and tiling to floor, double glazed window to rear.
Bedroom One (3.20m x 3.12m)
Double glazed window to front, wall mounted electric heater and door to en suite shower room.
En Suite Shower Room (2.39m x 2.08m)
A white suite comprising of a close coupled WC, pedestal mounted wash hand basin and a double width shower enclosure, tiling to splash back areas and tiling to floor, extractor fan and double glazed window to front.
Bedroom Two (3.23m x 2.03m)
Double glazed window to rear and wall mounted electric heater.
Bathroom (2.06m x 1.65m)
A white suite comprising of a close coupled WC, pedestal mounted wash hand basin and panel bath with tiling to splash back areas, tiling to floor, wall mounted electric heater and double glazed frosted window to rear.
Access to one allocated parking space (located within the parking area to the rear).
The seller informs us that the lease was 125 years from when the property was built and there is currently approximately 115 years remaining.
The Service Charge is £1023 per annum and the ground rent is £175.00 per annum.