Investment opportunity - This 2 bedroom ground floor flat with its own rear garden is perfect for your next buy to let investment. Being sold with a tenant in situ (producing 9600 P.A). The tenant has been in situ since 2008 and has indicated she would like to remain. This property benefits from 2 double bedrooms, a good size lounge / diner, a white bathroom suite and is situated within walking distance of Rayleigh Station. Further benefiting from a long lease (approximately 175 years).
Viewings available, please call to arrange yours.
The property comprises as follows:
Communal entrance with Entry phone system.
Main Bedroom - 4.55m x 2.92m (14.9' x 9'5)
2nd Bedroom - 3.30m x 3.15m (10'8 x 10'3)
Lounge - 4.54m x 2.94m (14'8 x 9'6)
Bathroom - 2.67m x 1.54m (8'7 x 5'0)
Kitchen - 2.70m (max) x 2.27m (8'8 max x 7'4)
Own Rear Garden
The vendor has confirmed the following:
Lease - Approximately 175 years
Maintenance charge / service charge - Approximately 1000 P.A.
Ground Rent - Approximately 21 P.A.
Managing Agent - Pace