Currently let at £1,200 per calendar month, the apartment presents an attractive turnkey investment opportunity for landlords looking to secure an income-generating addition to their portfolio from day one.
The accommodation comprises a welcoming entrance hallway with useful storage and doors leading to all principal rooms. The spacious lounge/dining room offers a bright and versatile living space with direct access to a private balcony, providing an ideal area for tenants to relax or enjoy outdoor seating. The fitted kitchen is well laid out with ample worktop and storage space.
There are two generous double bedrooms, both comfortably accommodating double beds and additional furnishings, making the property particularly appealing to professional sharers, couples or small families. These rooms are served by a well-appointed family bathroom.
Further benefits include double glazing, electric heating, secure entry system access, and use of the residents’ car park, adding to the convenience and overall appeal of the development.
With its prime location, strong rental demand in the area and established tenancy already in place, this property represents a solid and low-maintenance investment opportunity.
TENURE
Leasehold 125 Years
Unexpired Years: 112
Annual Ground Rent: £100
Ground Rent Increase: TBC
Ground Rent Review Period: TBC
Annual Service: £1,043.82
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
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.
