FOR SALE BY AUCTION - -Lot 77 - Flat for investment/owner occupation Refurbished First Floor Studio Flat Ideal Investment Opportunity
An excellent opportunity to acquire a fully refurbished and improved studio flat situated in prominent Sketty/Tycoch Square area, previously operated as a Furnished Holiday Let. This property is well-suited for buy-to-let investors or owner-occupiers.
Key Benefits:
No council tax if operated as a Furnished Holiday Let
No water/sewage charges due to direct main water connection!
Previously let at £675 - £875 pcm (tenant covering own electricity)
Estimated rental yield: 12-15%
Prime Location:
Situated close to Singleton Hospital, Singleton Park, and the beach, with excellent local amenities and transport links
VIRTUAL TOUR
First Floor Entrance, kitchen shower/wc lounge/bedroom
Tenure: Advised Leasehold - The term of the lease is 1000 years from March 1914 (889 years remaining on the lease) to be verified by solicitor.
Tenancies: To be sold with vacant possession but should let at £650.00 pcm
Please note the property was previously Let at the below:
£875 per month (inclusive of all bills) £675 per month (exclusive of bills)
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or [use Contact Agent Button] for invaluable advice.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Paul Fosh Auctions - Newport. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Paul Fosh Auctions - Newport for full details and further information.