"*** Ideal Buy To Let or First Time Buy Extended Lease* Sought After Location ****
Hewitt Adams are delighted to offer for sale this two Bed First floor flat ideally situated above a row of useful shops and within walking distance of local amenities, schooling and transport links.
In brief the property comprises two bedrooms, lounge diner, study area, kitchen and bathroom.
Externally there is a communal parking area.
There is a tenant in situ, who would very much like to remain in the property and is paying £650 PCM, which offers an impressive 7.8% gross yield.
The property is currently managed by Hewitt Adams, therefore a standard AST is in place, gas safety, EPC and EICR as well as the deposit being lodged correctly with the DPS this would make the ultimate turn key cash flowing investment from day one.
The property could also be made available to the open market, as this would make an ideal first time buy, where vacant possession would be provided.
Additional Information The landlord is currently in the process of extending lease, which will be in place before completion and will give in the region of 160 years.
There is no service charge, but a ground rent of £20 Per annum for the remainder of the current lease which is circa 60 years and then a peppercorn rent for the last 100 years
Entrance Private entrance via a timber wooden gate and with a wooden front door, stairs leading to;
Study Dining Area 2.72m x 2.67m 8 11 x 8 9 Radiator and a double glazed velux roof light.
Lounge 4.70m x 4.47m 15 5 x 14 8 Double glazed window to the rear elevation, two radiators, television point, built in storage cupboard.
Kitchen 2.67m x 2.16m 8 9 x 7 1 A range of modern high gloss wall and base units with complementary work surfaces over and incorporating a stainless steel sink with drainer unit and mixer tap over, fitted oven and hob with extractor hood over, tiled splash backs, double glazed velux roof light, wood effect flooring.
Bedroom One 4.27m x 2.84m 14 x 9 4 Built in wardrobe, radiator, double glazed window to the rear elevation.
Bedroom Two 4.29m x 2.51m 14 1 x 8 3 Radiator, built in storage cupboard housing Worcester combination boiler, double glazed window to the front elevation.
Bathroom 2.21m x 1.63m 7 3 x 5 4 Panelled bath with shower over, push button wc, wash hand basin, chrome heated towel rail, double glazed velux roof light, tiled flooring, partially tiled walls and an extractor.
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