Property Description

A two bedroom investment property currently generating a handsome return with an income of £7,200 per year equivalent to 12% return based on the guide price. This two bedroom ground floor maisonette briefly comprises a lounge / diner, separate kitchen, 2 bedrooms, bathroom and gardens to the front and rear. The property is currently let at £600 pcm and has potential to increase in the future making this an attractive BTL property for an investor.

Leasehold Information:

We have been advised by the seller there is a long lease with 130 years plus left on the lease. There is no ground rent or service charge to pay. Please refer to the legal pack for further information and confirmation.

Please Note:

We have been advised the buyer will acquire a 25% share of the freehold interest of this property and the other 3 maisonettes in the block.

Additional Information:

Construction Material: Standard brick. Flood Risk: River and seas - Low. Surface Water - High. Heating: TBC. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as available. Satellite and Cable - BT, Sky and Virgin show as available in this area.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Leasehold

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