1 bedroom flat for sale

A ground floor flat located just one road back from Hayling Island beach. The flat has one double bedroom, a living room and kitchen, plus a bathroom. Residents parking to the rear. Offered to investment buyers with tenants currently in situ.
INVESTMENT BUYERS ONLY


This ground floor flat is located towards the western end of Hayling Island beach, just one road back from the seafront. It is within easy reach of a local shop, cafes, amusements and bus routes. It is also within easy reach of Hayling Golf Club and other leisure facilities, including a tennis club and cricket club. There are further local shopping facilities at West Town, which is about half a mile to the north. The flat is offered to investment buyers with a tenant in situ. It is understood the current rental income is £750 pcm, therefore giving an annual yield of just over 6% once maintenance costs are considered.

The flat is accessed via a communal entrance at the rear of the building. On entering the flat, an entrance hall gives access to all the rooms, with the living room and kitchen occupying the front corner of the flat. The living room has a dual aspect with an open doorway to the kitchen. The kitchen currently features a range of white floor and wall units with an integrated oven and hob, space for a fridge/freezer and space for a washing machine.

The bedroom to the flat is a decent sized double room and there is also a bathroom featuring a panel bath with shower over, a wash basin and toilet.

To the rear of the building is a residents parking area with one space available per flat.

Lease: 87 years remaining, as at May 2023
Ground Rent: £100 per year
Service Charge: £560 per six months

GROUND FLOOR:

ENTRANCE HALL
LIVING ROOM 3.86m (12'8") x 3.30m (10'10")
KITCHEN 2.69m (8'10") x 1.73m (5'8")
BEDROOM 3.36m (11') max x 3.30m (10'10") max
BATHROOM