INVESTMENT PROPERTY - FOR SALE WITH TENANTS IN SITU
Excellent INVESTMENT OPPORTUNITY! A very well located second floor apartment, with two spacious bedrooms, a large open plan living room diner and kitchen with Juliet balcony overlooking green communal space and trees. Allocated vehicle parking behind secure gated access, this is the perfect investment for landlords looking to start their investment journey or add to their portfolio. The property opens from a central entrance hallway that curves from the side of the property, where doors to all of the principal rooms are found further to two large storage cupboards, one of which being a very useful utility cupboard. Two well sized double bedrooms, with the main bedroom being a huge double in size with a three piece en-suite shower room. To the outside, the property sits within well maintained grounds with ample parking available for residents and visitors via secure electric gated entry and pedestrian access.
Currently achieves rental income of £875 pcm.
No onwards vendor chain.
Leasehold Details: Length of Lease: 150 Years from 01/09/2003 Years Remaining: 129 Years Ground Rent: £170 per annum Service/Management Charges: £1,950.88 per annum
Entrance Hall - 3.04 x 1.26 entry 4.48 x 1.10 hall (9'11" x 4'1" e -
Living Room - 5.11 x 3.71 (16'9" x 12'2") -
Kitchen - 3.68 x 1.83 (12'0" x 6'0") -
Bedroom One - 4.64 x 3.40 (15'2" x 11'1") -
Bedroom One En-Suite - 2.17 x 1.53 (7'1" x 5'0") -
Bedroom Two - 3.85 x 2.60 (12'7" x 8'6") -
Bathroom - 2.01 x 1.82 (6'7" x 5'11") -
Aml Disclosure - Agents are required by law to conduct Anti-Money Laundering checks on all those buying a property. Stephenson Browne charge £49.99 plus VAT for an AML check per purchase transaction . This is a non-refundable fee. The charges cover the cost of obtaining relevant data, any manual checks that are required, and ongoing monitoring. This fee is payable in advance prior to the issuing of a memorandum of sale on the property you are seeking to buy.
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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