Studio for sale
Key information
Property description & features
- Tenure: Share of freehold
- Investors Only Sold With A Tenant In Situ
- 6.64% Yield
- No Onward Chain
- Central And Sought after Position
- Share Of Freehold
Situated halfway down one of the little side streets that run between St Georges Road and the upper seafront road of Marine Parade you will find a studio apartment, with a tenant in situ, currently generating a healthy return.
Painted dove grey with black window frames and railings it retains its charm and character. As you go in the main front door the communal entranceway is clean, with the entrance to the apartment to your left.
The main studio room is located at the front of the property and has the benefit of the beautiful bay window with sash double glazing welcoming the morning sunshine. It feels modern with spotlight fittings; a light wood floor which continues throughout the flat.
A kitchenette is housed in one corner, neatly tucked away from the main living/sleeping area. A bathroom is located off the studio room and comprises of a shower, with W/C.
This flat is being sold with the current tenant in situ and generates a healthy return of 6.64%.
The property further benefits from a share in the freehold.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference BVH240751. 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 Brand Vaughan - Kemptown.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 26, 2021
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:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 26, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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 April 14, 2022 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.