Property description
Attention Investors! A one bedroom ground floor flat which is currently let on a short hold tenancy agreement at £580 per calendar month. At a purchase price of £120,000 this gives a gross yield of 5.8%. The property benefits from an extended lease (giving 150 years plus overall) and is presented for sale in good decorative order.
One Bedroom Flat
Ground Floor
Double Glazing
Let at £580 per Calendar Month
Short Hold Tenancy Agreement
Lease Extended to 150 Years Plus
Bathroom Suite with Shower
Own Garden
Electric Heating
Investment Opportunity| Hall | Double glazed front door.
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| Lounge | 7'5\" x 16'4\" (2.26m x 4.98m). Coved ceiling. Double glazed window to front aspect. Storage heater.
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| Kitchen | 6'1\" x 12'4\" (1.85m x 3.76m). Double glazed window to front aspect. Stainless steel sink unit with range of fitted cupboards and drawers under, roll edge worktops. Cooker point. Plumbing and space for washing machine. Space for fridge freezer.
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| Inner Hall | Convector heater. Walk in cupboard.
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| Bedroom | 10'7\" x 8'10\" (3.23m x 2.7m). Double glazed window to rear aspect. Storage heater.
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| Bathroom | White suite comprising panelled bath with electric shower over, wash hand basin, low level wc Heated towel rail.
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| Garden | The front garden is mainly laid to lawn, with pathway leading to the front door. There is a further garden area behind the bedroom which is also laid to lawn.
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