Property Details

1 bedroom apartment for sale For Sale

£80,000

ROI = 13% BMV = 8.57%

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Description

SUMMARY This one bedroom purpose built apartment is an excellent investment opportunity Rented at £635 pcm this is a good ROI even though we believe it to be below the area average although this is a long standing tenant and they are looking to remain in residence Still a reasonable return on investment DESCRIPTION This purpose built ground floor one bedroom apartment enjoys a convenient residential position within access of most amenities This is a purchase for investors only as the property is tenanted The current rent of £635 pcm would give a good annual return on investment The rent has remained lower than the area average as the tenant has lived there for some time and is looking to stay In order to appreciate this particular property an early internal inspection is advised Entrance Communal Hall Lounge/diner/ Kitchen 13' 7" x 13' 2" ( 4.14m x 4.01m ) Window to the front, Fitted kitchen with wall and base units, work surfaces incorporating a sink an drainer, electric oven, electric hob with extractor hood over. Bedroom One 8' 6" x 9' ( 2.59m x 2.74m ) Window to the rear. Shower Room Shower cubicle, wash hand basin, W.C, tiled walls. External Communal gardens and communal parking. We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

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