Excellent investment opportunity for landlords or investors seeking a high-yield asset. This property is situated in a quiet location with a strong local community and easy access to local amenities. The flat comprises two bedrooms, one reception room, and one kitchen. The master bedroom is a generously proportioned double, while the second bedroom offers a well-sized single room. The reception room is notably spacious, providing ample space for relaxation and entertainment. The kitchen has been designed to cater to all your culinary needs. Off road parking available via a carpark at the rear.Currently, the property is tenanted, achieving a rental income of £575 per month, which translates to £6,900 per annum. This represents a substantial yield of 8.6% on your investment. The property falls under council tax band A, making it a cost-effective choice for the potential buyer. It also has an Energy Performance Certificate (EPC) rating of D, indicating a moderate level of energy efficiency. Please note that as this property is currently tenanted, viewings will need to be arranged at suitable times for all parties. This flat represents an excellent opportunity for those seeking a profitable investment in a desirable location. Contact us today to arrange a viewing or for more information.TENURE: LEASEHOLD£1,173.50 ANNUAL SERVICE CHARGE & GROUND RENT EPC RATING: D. COUNCIL TAX BAND: ACURRENT GAS SAFETY CERTICATE VALID TILL AUGUST 2025CURRENT EICR VALID TILL MARCH 2027
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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