*** INVESTMENT OPPORTUNITY *** Belvoir are proud to offer to the sales market this fantastic opportunity to purchase this well-presented TWO BEDROOM APARTMENT with tenants in situ paying £595pcm creating a gross rental yield of nearly 6.5%.
This stylish apartment is situated on the first floor and briefly comprises of a welcoming entrance hallway with secure intercom entry system, a large open plan lounge/kitchen, two double bedrooms, a contemporary fitted bathroom and an off road allocated car parking space.
Viewing is not to be missed on this stunning investment opportunity so give Belvoir a call to arrange your appointment today!
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 spacious 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 offering up plenty of natural 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 is still of a good double size. As with the first bedroom, this room is finished with stylish décor and good quality carpeting to the floor.
The family bathroom contains a white matching three piece suite consisting of a W/C, a hand wash basin and a full-size bathtub in addition to a Triton electric shower. Completing the room in nice fashion is wooden effect laminate flooring and a UPVC double glazed window.
Entered from the end of the entrance hallway, this attractive main living area is split into a lounge/diner section with additionally leading onto the contemporary fitted kitchen. The entire area provides ample natural light, fresh and airy living accommodation. There are French doors with a Juliette balcony at one end of the living area with a UPVC double glazed window at the opposite end to let in plenty of sunlight offering up a warm and inviting atmosphere to this main feature room.
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 as part of this kitchen area.
There is one allocated car parking space in the communal car park situated to the rear of the apartment block which can be accessed via the entrance to Lime Tree Grove situated adjacent to Trinity Street.
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. These Particulars do not constitute a contract or part of a contract. Belvoir and our partners provide a range of services to buyers, although you are free to use an alternative provider. For more information simply speak to someone in our branch today. We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of £250, if you take out a mortgage through them. If you require a solicitor to handle your purchase we can refer you on to Move With Us Conveyancers. We may receive a fee of £240, if you use their services.