£70,000
1 bed flat for salePeacock Court, Long Sutton PE12
1 bed
1 bath
1 reception
EPC Rating: C
- Leasehold
Premier Property Management Ltd
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About this property
An excellent chance to acquire a ready-made rental investment in Sutton Bridge. This one bedroom flat is offered with a tenant in situ, providing immediate income. The property generates an annual rental income of £4,939, with a service charge of £396 per annum. It benefits from a long lease of 999 years from 1990.
The flat offers a spacious layout with one bedrooms, open plan lounge/kitchen and shower room, making it ideal for long-term rental demand. Situated in a popular residential area close to local amenities and transport links, it represents a reliable addition to any portfolio. Gross rental yield of approximately 7%.
Disclaimer - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. We have not carried out a detailed survey nor tested the services, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings. The measurements given are approximate.
EPC Rating - C.
Prs Membership No: PRS001230
cmp Membership No: CMP004517
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More information
Tenure
Leasehold (965 years)
Service charge
£396 per year
Council tax band
Ground rent
Ground rent date of next review