GROUND FLOOR 2 BEDROOM FLAT IN GOOD LOCATION WITH PRIVATE REAR GARDEN & GARAGE LOCATED IN NEARBY BLOCK. SHORT LEASE CASH BUYER REQUIRED. SUITABLE FOR INVESTORS OR AS LOW COST HOME.
Good Life Homes are delighted to bring to the market this 2 bed ground floor flat with private garden and garage located within a nearby block. The property is generally well presented internally, has neutral decor, electric heating and hot water, uPVC double glazing and has had an upgraded electric consumer unit. It shouldn’t take too much to make it ready to let as an investor purchase and the anticipated monthly rent would be £450pcm which would return an annual yield over 10%pa. The vendor advises us that the remaining lease is around 47 years (subject to confirmation) and this means it wouldnt be suitable for mortgage purposes unless it was extended. Alternatively, this would make a terrific low cost home with pleasant outdoor space in a good residential area.
Viewing arrangements can be made by contacting our local office.
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