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£70,000

1 bed flat for sale
Peacock Court, Long Sutton PE12

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Leasehold

Premier Property Management Ltd

Logo of Premier Property Management Ltd

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

    See all recent sales in PE12

    Property descriptions and related information displayed on this page are marketing materials provided by - Premier Property Management Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Premier Property Management Ltd for full details and further information.