£89,995
1 bed flat for salePark Drive, Northampton NN5
1 bed
1 bath
1 reception
EPC Rating: C
- Leasehold
Belvoir Estate & Lettings Agents (Sales), Northampton
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About this property
Ideal investment opportunity
Low service charge
Available tenanted at £650PCM
8.7% headline return at asking price
Belvoir! Is pleased to offer this compact flat which would make an ideal investment for someone on a budget. It is available successfully tenanted with the tenant paying £650PCM - a headline return of 8.7% per annum based on the asking price.
It is situated in Kings Heath and has been successfully rented by the current owner for many years. It's on the first floor and its simple layout consists of bedroom, living room, bathroom, kitchen. The internal condition is good and no immediate work is required - the flat is fully compliant for letting.
Should you wish to live in yourself the flat could also be purchased with vacant possession by negotiation.
Lease details: We have been advised by the seller that the service charge is £543.72 per annum and the lease has approximately 110 years remaining.
Disclaimer.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Draft Details.
At the time of print, these particulars are awaiting approval from the vendor(s).
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More information
Tenure
Leasehold (110 years)
Service charge
£544 per year
Council tax band
A
Ground rent
Ground rent date of next review