*EWS1 CERTIFIED* We are delighted to offer for sale this two bedroom, two bathroom apartment in Velocity West with secure under croft parking. Perfect first time buyer apartment or investment opportunity, the property is let until March 2025 with rental income currently of £1100 per month, 7% gross return. The accommodation comprises open plan living room/kitchen with fitted appliances throughout the kitchen including fridge/freezer, washing machine and dishwasher. Both bedrooms are doubles and are carpeted however the primary bedroom boasts a large built in wardrobe and en-suite with shower, w/c and hand basin. There is an additional house bathroom with three piece suite in white with tiled flooring. Property includes under croft secure parking with electric gates and on-site concierge. EPC Rating D. Council tax band D.
Leasehold: 999 years from 1st January 2003 Annual Service Charge: £1300 Annual Ground Rent: £200
999 years from 1st January 2003. Ground rent is £200 annually Service charges is £1300 annually Council Tax Band D
Leasehold Information - Leasehold: 999 years from 1st January 2003 Annual Service Charge: £1300 PA Annual Ground Rent: £200 PA
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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