The home has recently been used in the busy rental market and is a great opportunity for any landlords looking to add to their portfolio, with a yield in excess of 8 percent.
The flat is also an ideal home for first-time buyers or those looking to downsize.
The accommodation comprises a welcoming entrance hallway with useful built-in storage and internal doors leading to the generously sized double bedroom, which is served by the shower room, the kitchen, and the bright and sunny lounge/dining room with access to a private balcony.
TENURE
Leasehold 125 Years
Unexpired Years: 88 Years
Annual Ground Rent: £10.00
Ground Rent Increase: TBC
Ground Rent Review Period: TBC
Annual Service: £588
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
ADDITIONAL INFORMATION
Materials used in construction: ASK AGENT
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Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.