2 bedroom flat for sale

INVESTMENT PROPERTY CURRENTLY PRODUCING A YIELD OF JUST OVER 5.0% - AN UPPER GROUND FLOOR 2 BEDROOM APARTMENT LOCATED IN A POPULAR AREA. With no chain this good sized apartment will appeal to many, with 2 double bedrooms - one with an en suite, the other with a balcony and an open plan living room/kitchen. There is also a family bathroom and walk-in utility cupboard and video entry system for complete peace of mind. The apartment is double glazed and has central heating and is approx 200m from the sea front. Book your viewing today.
Entrance door into communal Hall

Entrance door to:
Entrance Hall With radiator, entry phone, walk-in utility cupboard with space for washing machine
Lounge/ Kitchen
Lounge Area 12'6" (3.81m) x 10'0" (3.05m) not into bay window to front
Kitchen Area 9'5" (2.87m) x 5'10" (1.78m)
Bedroom 1 14'2" (4.32m) x 8'10" (2.69m) with Juliet balcony to rear
En-Suite shower room
Bedroom 2 14'2" (4.32m) x 7'8" (2.34m) doors to balcony to rear
Bathroom

No parking

Lease: 125yrs from January 2017
Maintenance Charge: £1289 p.a.
Ground Rent: £250pa
Ground Rent Increase: £250 every 25yrs
Next Schedule Ground Rent Increase: 2041

AGENTS NOTE - Photos shown are from before the current tenancy. We understand there is a current section 20 on the building equating to costs approx £13,000, however we have been advised by the current owner they are expecting to meet these costs, subject to a satisfactory offer on the property.