The perfect first purchase or investment. With the flat currently rented, there is a proven rental yield. Set within a quiet and peaceful development, you wouldn't realise how well connect you are. The flat is within walking distance of Colliers Wood Tube Station, has shops around the corner and open playing fields on the door step. The property comes with a private allocated parking space and share of freehold. Being on the top floor, you have use of the loft space and of course, no one above you! Through the entrance hallway, you have an ample storage cupboard to your left. Just past that useful space you have the contemporary bathroom with invaluable window, not just an extractor fan which is rare for these purpose built flats. Opposite we find the double bedroom with full wall of built-in wardrobes. Next up we have the expansive living/dining room. Currently, the tenant has another double bed in this room. Behind is the modern, fully fitted kitchen half open to the reception space. The lease is 120 years from September 1989 however, this is being extended to 999 years within the purchase. No Ground rent. The service charges are approximately ?1,200p/a. EPC 'C'
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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