SUMMARY * BTL INVESTMENT OPPORTUNITY - SOLD WITH TENANT IN SITU - TENANT PAYING £560PCM - LONG STANDING SINCE 2013 - GROSS YIELD 6.11% *
An investment opportunity with a long standing tenant in situ. Currently paying £560pcm the Tenant has looked after this apartment as if it was their own and has been kept in very good condition.
The apartment is located on the ground floor, and briefly comprises of entrance hallway, open plan kitchen / living room, two double bedrooms with the master benefitting from an en-suite, and bathroom with three piece suite.
Externally there is allocated parking.
HALLWAY 13' 5" x 9' 6" (4.10m x 2.90m) Neutral decor, carpet, radiator
LIVING ROOM 19' 4" x 16' 0" (5.90m x 4.90m) Neutral decor, carpet, radiator, UPVC window, vertical blinds
KITCHEN/DINER 10' 9" x 9' 6" (3.29m x 2.90m) Neutral decor, a range of wall and base units, Stainless steel sink, tiled floor, UPVC window and door, radiator
BEDROOM ONE 15' 8" x 10' 10" (4.80m x 3.31m) Neutral decor, carpet, UPVC window, radiator
ENSUITE 7' 10" x 4' 3" (2.40m x 1.30m) Neutral decor, partially tiled walls, white toilet and wash hand basin, shower cubicle, chrome towel rail / heater
BEDROOM TWO 12' 1" x 8' 6" (3.70m x 2.60m) Neutral decor, carpet, UPVC window, radiator
BATHROOM 7' 6" x 5' 11" (2.30m x 1.81m) Neutral decor, partially tiled walls, white three piece bathroom suite, UPVC window, radiator
EXTERNAL Allocated parking.
CERTIFICATES IN PLACE Gas Safety Certificate Electrical Inspection Condition Report Energy Performance Certificate
LEASEHOLD INFORMATION Lease Start Date 19/12/2007 Lease End Date 01/01/3005 Lease Term 999 years from 1 January 2006 Lease Term Remaining 980 years Service charge: £2468.78pa.
RESERVATION FEE Should you be successful in your offer to purchase the property and in order to place the property "under offer", you may be required to complete a reservation agreement and pay a (refundable at completion) reservation fee, details available upon request.
MATERIAL INFORMATION No potentially flammable external wall cladding No adaptations have been made to improve accessibility however there is step free access into the building / apartment. There are no restrictive covenants as far as the seller is aware. There are no public rights of way in the apartment. The construction type is brick. The property is located on a coalfield.
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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