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Studio
Key information
Property description & features
- Tenure: Leasehold (61 years remaining)
- Immediate Investment Opportunity
- Second Floor Studio Apartment
- Open Plan living Space & Balcony
- Currently Tenanted Producing £xxx pcm
- Good Order Throughout
- Close to the City Centre
A fantastic opportunity to acquire a 1st floor studio apartment that is offered with a tenant in situ on an assured short hold tenancy agreement producing £6,840 per annum giving a gross annual yield in excess of 9%. This apartment also benefits from an en block garage that is let out and produces an additional £40 per calendar month. The property is located within the popular NR1 city centre location with fantastic access to all city centre shops, amenities, road & bus links.
Rooms
Communal Entrance
Stairs to all floors.
First Floor Landing
Entrance door.
Entrance Hall
Upvc window to side elevation, roll top work surface, space for washing machine below, smooth ceiling.
Living Area
Upvc window and door to balcony, double fitted wardrobe, T.V point.
Kitchen Area
Comprehensive range of fitted kitchen wall and base units, roll top work surface, four ringed gas hob with extractor fan above, integral electric oven, stainless steel sink with mixer tap, wall mounted gas boiler, tiled splash backs, smooth ceiling.
Bathroom
Upvc window to side elevation, white three bathroom suite comprising of panelled bath with shower mixer attachment, wash hand basin set within vanity unit, low level w.c, partially tiled.
Agents Note
Lease - 62 Years
Ground rent approx. £100 per annum
Service charge approx. £650 per annum
Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Places of interest
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 24, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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