2 bedroom flat for sale
Key information
Features and description
- Tenure: Leasehold (947 years remaining)
- First floor flat sold as an investment opportunity with a sitting tenant
- CASH BUYERS ONLY as there is a defective lease with the freeholder being non-traceable
- Entrance hall with storage cupboard
- Lounge with electric fire
- Kitchen with a range of units
- Bathroom/WC with white suite and shower off mixer taps
- Garage situated beneath the property, communal garden to the rear
- Sold with a sitting tenant paying £650 pcm from October 2024 (8.66% gross yield)
This first-floor flat, located in Arnold, is being sold as a fantastic investment opportunity with a sitting tenant already in place. Please note that due to a defective lease and the freeholder being untraceable, the property is available to CASH BUYERS ONLY.
The flat offers spacious accommodation with two double bedrooms, making it a desirable choice for tenants. The entrance hall includes a convenient storage cupboard, while the lounge features an electric fire, creating a cosy atmosphere. The kitchen is equipped with a range of units, offering ample storage and workspace.
The bathroom includes a white suite, with a shower off the mixer taps for added convenience. Benefiting from combination gas central heating and UPVC double glazing, the property ensures warmth and energy efficiency.
Externally, the property has a garage situated beneath the flat, ideal for additional storage or parking. There is also access to a communal garden at the rear, providing outdoor space for the tenant.
Currently rented with the rent increasing to £650 pcm from October 2024, the property offers a gross yield of 8.66%, making it an attractive investment for those looking for a reliable income stream.
EPC Rating: D
Rooms
Hallway 2.93m x 1.05m (9ft 7in x 3ft 5in)
Lounge 4.29m x 2.99m (14ft x 9ft 9in)
Kitchen 3.01m x 2.04m (9ft 10in x 6ft 8in)
Bedroom One 3.81m x 2.71m (12ft 6in x 8ft 10in)
Bedroom Two 2.38m x 2.69m (7ft 9in x 8ft 9in)
Bathroom 1.75m x 1.52m (5ft 8in x 4ft 11in)
Parking - Garage
Parking - Allocated parking
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