Residential development for sale
Property description & features
- Tenure: Leasehold (117 years remaining)
- Perfect Investment Opportunity
- Combined Income Of £14,940 Per Annum
- 1 x 1 Bedroom Apartment & 1 x 2 Bedroom Apartment
- Low Ground Rent & Insurance Costs
- Sale Of TWO Apartments Flat 1 & Flat 2
TWO APARTMENTS FOR SALE
This Ready made investment opportunity comprises
Flat 1 is a two bedroom apartment comprising open plan kitchen/diner, living room, two double bedrooms, bathroom, utility room and large storage cupboard. Flat 1 is currently let at £695 PCM.
Flat 2 is a one bedroom apartment comprising open plan kitchen/living room, bedroom and bathroom. Flat 2 is currently let at £550 PCM.
The apartments are all with storage heaters and hot water cylinders, the property is above a row of shops including a bank, gaming store and cafe, the property is also covered entirely by flat roofing.
The current owner paid the ground rent and insurance for the two apartments owned totalling £1247.66 this year. The current owner is looking at selling both apartments together as they share a communal entrance and hallways and their is no official management company in place, cash buyers and buyers with commercial mortgages only!
NB. In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property.
EPC Rating: D
Places of interest
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Property reference 616bce4b-4dce-4a8a-8943-65ebeb41d96e. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Hudson Homes - Peterborough.
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Energy Performance data and Internal floor area
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