This property is a fantastic investment opportunity for those looking to expand their portfolio. Situated on the first floor, this two bedroom apartment is conveniently located near Brighton and London Road station, making it an attractive option for potential tenants. The property boasts a share freehold, providing added security and control for the owner.With an annual income of 15,600, this property offers a steady stream of rental income. Additionally, the property has been sold with no chain, streamlining the purchasing process for the new owner. The current tenants are in place until February 2025, providing a guaranteed income for the foreseeable future.Overall, this property is a great investment opportunity with a strong rental income and long-term tenants already in place. Don't miss out on the chance to acquire this lucrative investment property FIRST FLOOR ENTRANCE HALL KITCHEN/ LOUNGE 14' x 11' 6" (4.27m x 3.51m) SHOWER ROOM BEDROOM TWO 6' 6" x 11' 2" (1.98m x 3.4m) BEDROOM ONE 7' 6" x 10' 11" (2.29m x 3.33m)
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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