Guide price £40,000 to £50,000 This modern studio apartment offers the shrewd investor amongst you, a fantastic return on their investment. With a historic rental income of £400 pcm, this property offers a rental yield of 10.6% (before expenses). Viewing is highly recommended and to do so please call . Er - D
A communal walk way runs up to the front aspect of the building with communal grounds surrounding, uPVC double glazed door gives access to the building and to the internal communal areas. Stairs rise to the middle floor.
Wooden Fire Door Gives Access To...
Living/Kitchen Area13'1" x 13'1" (3.99m x 3.99m). Textured ceiling, ceiling mounted light points, ceiling mounted smoke alarms, loft hatch, wall mounted rcb, uPVC double glazed window to the side aspect, laminate flooring, wall mounted electric heater.
Kitchenette Matching range of base, wall and drawer units with complementary worktop over, integrated electric oven with four ring electric hob over, stainless steel sink with stainless steel drainer and monobloc mixer tap, extractor hood over electric hob, power points, space for fridge, space for washing machine.
Shower Room5'3" x 4'11" (1.6m x 1.5m). Smooth ceiling, ceiling mounted light point, ceiling mounted spotlights, ceiling mounted extractor fan, three piece matching suite to include low level WC, pedestal basin with hot and cold taps, corner shower unit with glass shower screen and electric shower over, laminate flooring.
Agents Note - Lease The property was issued with a 999 year lease when first built. There are services charges and ground rent figures that can be obtained on request.
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.