**PERFECT FOR INVESTORS** Available for purchase, a well-presented two bedroom apartment with the opportunity to buy with tenants in situ. The tenants are paying a rent of £550pcm, giving a gross rental yield of 6%. The first floor apartment briefly consists of: secure intercom entrance, hallway, two double bedrooms, a large open plan living room with kitchen area, family bathroom and an allocated car parking space. The property can also be purchased with vacant possession if required. Leasehold.
On the ground floor, there are secure intercom entrances at both the front and rear of the building leading to the communal staircase. There are six apartments in the individual block, and this apartment is located on the first floor.
The apartment is entered via a private door on the first floor, which leads to a hallway providing direct access to all rooms. The hallway is carpeted and also contains a useful storage cupboard.
A good sized double bedroom with two uPVC double windows creating plenty of light. The modern look of the room is finished off with a dark striped carpet and a feature wall.
The second bedroom is slightly smaller than the first but still a double room, again with modern decor and carpet to the floor.
The family bathroom contains a white matching three piece suite consisting of a WC, hand wash basin and bath in addition to a Triton electric shower. Wooden effect laminate flooring and a uPVC double glazed window complete the room.
Entered from the end of the hallway, this attractive and spacious room, split into a lounge/dining room section and a kitchen area provides light, airy living accommodation extending to 20ft long. There are French doors with a Juliet balcony at one end of the living area with a uPVC double glazed window at the opposite end to let in plenty of sunlight.
The kitchen contains a mixture of matching wooden base and eye level coral coloured units, pale grey flecked work surfaces including a stainless steel sink and drainer, an integrated Smeg electric oven, and a four ring hob with cooker hood above. A free-standing washing machine, fridge/freezer and dishwasher are also included in the sale.
There is one allocated car parking space in the communal car park situated to the rear of the apartment block.
Heating: Electric Panel Heaters
Council Tax Band: B
The lease is an initial 99 year lease commencing in 2003 and expiring in 2102. The ground rent is currently £50 per annum, and the service charge is currently £927.99 per annum.
The property has a strong rental history and is currently tenanted on a fixed assured shorthold tenancy agreement. The current tenancy will run until February 2019 with the current tenants paying £595 per calendar month. Please do not hesitate to contact Belvoir for more information regarding the letting of the property.
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 ask for confirmation or seek professional verification. All measurements are approximate. The Fixtures, Fittings & Appliances have not been tested and therefore no guarantee can be given that they are in working order. Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale. This property is owned by one of our current Landlords. These Particulars do not constitute a contract or part of a contract.