Investment Opportunity – Tenants in Situ | Approx. 6.4% Yield
A modern first-floor, two-bedroom apartment, ideal for a first-time buyer or as an investment opportunity. The property can be sold with tenants in situ, currently generating a rental income of £1,150 PCM, equating to an approximate 6.4% gross yield.
Accessed via well-maintained communal stairs to the rear of the building, the apartment opens into a bright and neutrally decorated hallway. The accommodation is centred around an impressive open-plan kitchen and living area, offering ample worktop and cupboard space. Tiled flooring in the kitchen area flows seamlessly into laminate flooring in the lounge, creating a versatile layout with space for dining or a work-from-home setup in addition to a comfortable living area.
The second bedroom is a well-proportioned single room, ideal for guests, a home office, or a child’s bedroom. The family bathroom is fitted with a modern white three-piece suite comprising a WC, wash hand basin, and bath with overhead shower.
The main bedroom is located at the end of the hallway and is a generous double room, comfortably accommodating a double bed and wardrobes. A large window allows plenty of natural light, enhancing the bright and airy feel throughout.
Externally, the property benefits from an allocated parking space to the rear of the building.
Lease Information
A strong 989 years remainig on lease
Ground Rent is £50 per annum
Service Charges 0 (however should any works be necessary the cost is split equally between three flats and Tesco.
Agent Notes:
Successful purchasers will be required to complete online identity checks via Lifetime Legal. The cost is £96 inc. VAT per purchase, payable directly to Lifetime Legal. This includes identity verification in line with HMRC requirements and mover protection.
Council Tax Band A
