1 bed flat for sale

Mill Flats, Trusthorpe LN12

***guide price £ ***

# Investment property with tenant in situ.#

The property is currently rented at £450 per calendar month and so is it ready to go investment opportunity. It is also ideal for someone looking for an initial investment with the view that they could move into it themselves in the future.

This is a pleasant, economical recently renovated and ready to move into home to run.

Situated in the coastal village of Trusthorpe nestled between Mablethorpe and Sutton On Sea, giving access to both towns for all they have to off. The property is only a short stroll to the beach and sea.

Centrally heated and double glazed with the accommodation consisting of an entrance, lounge, kitchen, bedroom and bathroom.

Secure storage for bikes etc is located within the building to the rear.

Lease information: Lease commenced 1st of December 2006 for 99 years (82 years remaining)
Current Ground Rent £25 per year
Current Service Charge £295 per year payable 1st Jan

Visit to arrange a viewing or via the Purplebricks app.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

B

Annual Ground Rent

£25.00

Ground Rent Review Period

No review period

Annual Service Charge

£295.00

Service Charge Review Period

No review period

Lease End Date

01/12/2105

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.