Great investment opportunity, six bedroom first floor apartment in a purpose built student property. The property is currently let at £2160 pcm (including bills) with a return in excess of 9% after services charges.
The apartment consists of six double bedrooms all with en-suite and built in wardrobes, open plan living room and kitchen area.
* Purpose Built
* Student Accommodation * Six Bedrooms * En-Suites to all Bedrooms * Open Plan Living/Kitchen
Secure Entrance with stairs to upper levels.
Doors to all rooms, built-in cupboard housing hot water cylinder.
Kitchen (3.68m x 2.95m)
Fitted modern base and wall units, roll top preparation surfaces extending to breakfast bar, space for white goods, single drainer sink with mixer tap.
Lounge (3.68m x 2.73m)
Laminate flooring, double glazed window.
Bedroom 1 - 6 (3.70m x 2.43m (approximately for each bedroom))
Including shower room with W.C, heated towel rail, electric shower and in the bedrooms electric radiator, Power points, Built-in wardrobe and UPVC window.
Communal amenities area to rear with storage for bins and bicycles.
We have been advised by the current vendors that the property is Leasehold with 112 years remaining, ground rent £250pa and service charges £7674.24 (to include water and electric), we strongly recommend your solicitor confirms this.
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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.