2 bedroom flat for sale

This first floor two bedroom flat will be of particular interest to investment purchasers. The property is being sold with a tenant in situ on an assured shorthold tenancy and has occupied the flat for the last ten years. Currently producing ?5940 pa (8.5% yield), with potential to be increased.The property benefits from an allocated parking space and has gas central heating with combination boiler.Please contact Sorbys 01226 799000 to arrange a viewing with the agents and tenant.RECEPTION HALLLOUNGE4.88m x 3.18m (16'0 x 10'5 )KITCHEN3.10m x 2.11m (10'2 x 6'11 )BEDROOM ONE3.25m x 3.18m (10'8 x 10'5 )BEDROOM TWO2.67m x 2.06m (8'9 x 6'9 )BATHROOMPLEASE NOTE:The photographs shown were taken prior to the existing tenant taking possession of the property.LEASEThe property is leasehold. We are informed that the ground rent, buildings insurance and communal charges are in the region of ?500 per annum. There is a 790 year lease, which commenced in 1974.