Located in the heart of Fareham town centre is this first floor studio apartment offered for sale with tenant in situ paying £575pcm. The property comprises: Communal entrance, open plan lounge/bedroom with kitchen and shower room. Valid EICR on the property. Yield - 5.5% based on asking price (excluding service charges)£75 Ground Rent every 6 months £900pa Service Charge110 years remaining on the lease.* NO FORWARD CHAIN* INVESTMENT PURCHASE* STUDIO* TOWN CENTRE* TENANT PAYS £575pcm* 110 YEARS ON THE LEASE * COUNCIL TAX A
* GAS CENTRAL HEATING
* DOUBLE GLAZED Agent Notes- Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £75 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.‘’Sales Disclaimer’’‘’These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.’’ Council Tax Band: A. Ground Rent: 75.