*** BUY TO LET INVESTMENT *** This tenanted studio flat is For Sale. Currently achieving £500pcm and between 9% to10% gross yield. With a lovely lady tenant, this compact studio flat, set on the
*** BUY TO LET INVESTMENT *** This tenanted studio flat is For Sale. Currently achieving £500pcm and between 9% to10% gross yield. With a lovely lady tenant, this compact studio flat, set on the first floor and located in the Stefan Hill area of Daventry would be a great investment. Lease length is 78 years so Cash buyers look to be the best option. No management fees, just ground rent currently set at £119 per annum. With living area/bedroom, kitchen, inner hallway/dressing area and shower room. £67,500. EPC C. C/Tax band A. No chain.
Living Area - 4.44m x 2.64m (14'7" x 8'8")
Kitchen - 2.62m x 1.78m (8'7" x 5'10")
Inner Hallway/Dressing Room
Shower Room - 2.62m x 1.19m (8'7" x 3'11")
GENERAL INFORMATION -
TENURE: we understand from the vendors that the property is Leasehold with 78 yrs remaining on the lease, sold with either tenant in situ or vacant possession on completion. Ground Rent £119 per annum. Building insurance £210 per annum.
SERVICES: all mains’ services apart from gas are connected but not tested. The telephone is available subject to the appropriate telephone company’s regulations. Skilton & Hogg have not tested any apparatus, equipment, fittings, etc, or services to this property, so cannot confirm they are in working order or fit for the purpose. A buyer is recommended to obtain confirmation from their surveyor or Solicitor.
PROPERTY BUILD TYPE: We are advised that the property is of Standard construction - Brick with Slate/tile roof. BROADBAND: Is available according to public records. Buyers are advised to check before purchasing. A buyers property guide is available online with further information.
LOCAL AUTHORITY: Daventry COUNCIL TAX BAND: A. ENERGY PERFORMACE RATING: C. FLOOD RISK - Very Low
FIXTURES AND FITTINGS: only those as mentioned in these details will be included in the sale.
MEASUREMENTS: the measurements provided are given as a general guide only and are all approximate.
VIEWING: by prior appointment through the Sole Agents