available
£99,995
We are delighted to bring to the market this fantastically positioned mid floor modern apartment maintained to an excellent standard, with tenants in situ paying £650pcm which represents an excellent 'turn key' investment with rental income from the day you complete the purchase. A rental review for this property is overdue and there is significant potential for the rental income to be increased upon purchase of the apartment which will deliver an ROI of 10.2%
The property is also available to home owners wishing to live in the property and can potentially be offered with vacant possession upon completion of purchase.
This gated complex is situated centrally for schools, local amenities, hospitals, transport links, Schools and
parks alike.
The apartment is light and spacious, briefly comprising: entrance hallway; bathroom; 2 x bedrooms and; living area with an integrated modern kitchen and direct access to the decking area through patio doors which boasts fantastic scenic views. The property further benefits from communal gardens, double glazing, fitted kitchen and Intercom entry system.
There is allocated underground carpark accessed via a secure gated entry system with one car parking space designated for the property.
Ground Rent: £200.00 per annum
Service Charge: £1,797.00 per annum
Council Tax: Band A
Tenure - Leasehold (194 years remaining)
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.