This top floor flat offers the perfect opportunity for an investor to either add to their portfolio or begin one. It is currently occupied and the flat achieves a monthly rent of £480.
It offers one bedroom, a spacious lounge, kitchen and bathroom. There is communal car parking to the front and side of the building and it situated within walking distance from the city centre. It's a perfect first home for tenants or those that maybe require a base in the city for work purposes. It's a flat that always attracts tenants and having had this under management for several years, has provided a good income for our client.
The windows to the building have been replaced recently and the additional charges can be seen below:
Ground Rent - £100 per annum approximately Service Charge - £1700 per annum approximately Lease - 92 years remaining
If you would like more information on this flat, please contact the office.
Measurements -
Lounge - 4.40m x 3.0m (14'4" x 9'8") Kitchen - 2.70m max x 2.10m (8'8" x 6'8") Bedroom - 3.30m x 2.80m (10'8" x 9'1") Bathroom - 2.20m x 1.47m (7'2" x 4'8")
Council Tax Band: A Tenure: Leasehold (92 years) Ground Rent: £100 per year Service Charge: £1,700 per year
What this property offers
No Onward Chain
Parking and/or Driveway
Stamp Duty Due
Based on a sale price of £80,000 the total amount of stamp duty payable will be:
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Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.