Studio Flat for sale on
St Luke's CT
Willerby, HU10

£39,950 OIRO
Yield: 10.51%
Market Rent: £350pcm
11
Call Us 01482 014773

Features

  • Ideal Investment Opportunity
  • Low Market Price
  • Studio Apartment
  • Sought After Location
  • Gross Yield of 10.51%
  • Rental Amount of £350 pcm
  • Tenant in Situ
  • Council Tax Band: A

Description

Tenure: Leasehold

Welcome to this studio apartment located in the highly sought-after area of Willerby. This small yet convenient property is ideal for individuals seeking a compact living space with all the necessary amenities.

Upon entering the apartment, you are greeted by an entrance hallway, following to the compact kitchen area equipped with wall and base units, as well as a fitted oven, hob, and extractor fan.

The living/bedroom area of the apartment is surprisingly spacious and boasts a neutral decor theme, with white walls and a complementing grey carpet. This versatile space allows for comfortable living while also offering flexibility for various furniture arrangements.

Additionally, a cupboard within the apartment has been cleverly designed to serve as a utility space, providing storage and fittings for a washing machine.

The bathroom in this studio apartment features a unique touch with glass brick, adding a delightful feature to the space while allowing natural light to filter through. It comprises a toilet, sink, and a convenient shower cubicle.

In addition to its appealing features, this studio apartment in Willerby offers the added convenience of an allocated parking space.

Investors will be pleased to know that this property has a rental value of £350 per calendar month (pcm), resulting in an attractive gross yield of 10.51%. This property presents itself as the ideal investment opportunity, particularly for those who are new to the property investment industry. With its low cost and high yield potential, it offers a compelling proposition for individuals seeking to enter the market.

 

Leasehold Property

Ground Rent: £200 pa

Service Charge: £1066 pa 

115 years left on the lease. 

 

EPC rating: B. Council tax band: A, Tenure: Leasehold, Annual ground rent: £200, Annual service charge: £1066, Annual service charge review period (years): 115,

Disclaimer

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.

Documents

EPC Certificate
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