1 bed flat for sale

King Cross Street, Courier House HX1

Tenure: Leasehold

Priced to sell!
Buy to let investors only-sold with tenant in situ

1st Floor Modern Apartment
Current Rent £525 pcm=Gross Yield 15% per annum
Potential Vacant Possession on Completion
Leasehold-115 Years Remaining
Ground Rent £150pa & Service Charge £1257 pa (paid quarterly)

This well-presented one-bedroom flat offers an excellent opportunity for investors, boasting a prime town centre location with convenient access to local amenities, shops, and transport links. The property is currently tenanted at a rent of £525 per calendar month, delivering a strong gross yield of 15% per annum. The flat features a comfortable living area, a separate bedroom, a fitted kitchen, and a modern bathroom. It benefits from a council tax band A rating and an energy performance certificate (EPC) of C, with potential to remain at this efficient level. The property is leasehold, with approximately 115 years remaining on the lease, and is subject to a ground rent of £150 per annum and a service charge of £1,257 per annum (payable quarterly).

Externally, the property offers the convenience of on-street parking (unallocated), ensuring residents have access to parking without the restrictions of assigned spaces. The flat is situated in a well-maintained building close to the heart of the town, allowing easy access to all urban amenities while retaining a sense of community. The surrounding area provides a pleasant environment for walking and relaxation, with local parks and green spaces nearby. This property represents a fantastic investment, combining a central location with low running costs. Early viewing is highly recommended to appreciate this appealing flat.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Mp has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Mp has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

EPC Rating: C

Location

Flat 36, Courier House, 9 King Cross Street - HX1 2DG

Parking - On Street

Unallocated