*** CASH BUY ONLY *** Ground floor apartment. 2 bedrooms. bathroom with shower over. Large open plan lounge/kitchen area. Inc washer/dryer cooker & hob.
EPC rating: C. Council tax band: B, Tenure: Leasehold, Annual ground rent: £200, Annual service charge: £600,
Entrance hall in the property is fitted carpet and doors leading to all rooms;
The open plan living kitchen area is fitted with laminate flooring and has dual aspect windows. Kitchen Area: Fitted with a matching range of base and eye level units with worktop space over. Built in electric hob, oven and extractor hood. Living Area: Living area allows for both a dining area and living space.
Double bedroom fitted with carpet and window to side
Single bedroom with fitted carpet and window to front
Fitted with a three piece suite comprising of bath, wash hand basin and WC. Vinyl flooring.
Property is allocated one parking space
Based on a sale at £100k and an actual rental income of £575 pcm (please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary) - 75% loan assuming standard BTL loan at 2.49% (interest only) - Capital used £29,350 (including deposit, stamp duty and conveyance) - Annual pre tax profit of £3,498 = 11.92% pre tax income on capital used (these assumptions include a service charge and ground rent estimate and is on a self managed basis)
The vendor has informed Belvoir the years remaining on the lease are 987 years The vendor has informed Belvoir the service charge is approx £600 every 6 months The vendor has informed Belvoir the Ground rent is approx £200 per annum
Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract