£80,000
Studio flat for sale
Droitwich, Worcestershire
studio Flat Property description
* PROPERTY IS BEING SOLD TO LANDLORDS ONLY WITH TENANT IN SITU - APPROXIMATE YIELD OF 7.5%*
* NO ONWARD CHAIN - POPULAR LOCATION - STUDIO APARTMENT *
Leaders are pleased to present to market with no onward chain this contemporary styled ground floor studio apartment situated in the popular area of Henley Drive, Droitwich.
Being within close proximity to many amenities including local shops, great access into Droitwich Town Centre and convenient access to Worcester and links to the M5 this property would make the ideal first time buy or buy to let investment.
Property comprises in detail; Living area, separate kitchen, dressing area and a shower room.
Further benefits include communal parking for the block located to the side, electric heating and double glazing throughout.
This property is a leasehold property and the lease is currently being extended to 210 years from the original term date of 1981. Meaning upon completion the lease will be approximately 166 years remaining on the term. The annual service charge is £39 per annum and their is a separate insurance of £302.19 per annum.
Property is currently tenanted on a 12 month tenancy and the current tenant pays £500.00 per calendar month.
* VIEWING HIGHLY ADVISED NOT TO MISS OUT *
* NO ONWARD CHAIN - POPULAR LOCATION - STUDIO APARTMENT *
Leaders are pleased to present to market with no onward chain this contemporary styled ground floor studio apartment situated in the popular area of Henley Drive, Droitwich.
Being within close proximity to many amenities including local shops, great access into Droitwich Town Centre and convenient access to Worcester and links to the M5 this property would make the ideal first time buy or buy to let investment.
Property comprises in detail; Living area, separate kitchen, dressing area and a shower room.
Further benefits include communal parking for the block located to the side, electric heating and double glazing throughout.
This property is a leasehold property and the lease is currently being extended to 210 years from the original term date of 1981. Meaning upon completion the lease will be approximately 166 years remaining on the term. The annual service charge is £39 per annum and their is a separate insurance of £302.19 per annum.
Property is currently tenanted on a 12 month tenancy and the current tenant pays £500.00 per calendar month.
* VIEWING HIGHLY ADVISED NOT TO MISS OUT *
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Droitwich, Worcestershire
Marketed by
Leaders - Worcester 31 Foregate Street Worcester WR1 1EECall agent on 01905 946715
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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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