2 bed Flat For Sale £130,000
***ready made buy to let***Well presented 2 Bedroom First Floor Apartment, Situated in the popular area of Hampton Hargate within walking distance of Serpentine Green Shopping Centre, and easy access for the A1m. The property benefits from PVCu windows throughout and en-suite to master bedroom.
Entrance Hall
Entrance into the apartment is greeted with hallway with doors leading to all rooms and door to Storage cupboard
Bedroom Two (2.49m x 2.15m max (8'2" x 7'0" max))
Bedrooom with fitted carpet and PVCu double glazed window to rear
Bathroom
Fitted with a three piece suite comprising of wash hand basin, WC and bath with shower over
Master Bedroom (3.37m x 3.36m max (11'0" x 11'0" max))
Double bedroom with fitted carpet and door to;
En-Suite
Three piece suite comprising deep panelled bath, shower cubicle and WC, tiled splashbacks.
Kitchen/Living Area
Fitted with a matching base and eye level units with worktop space over, 1½ bowl stainless steel sink, built-in fridge/freezer, washing machine, electric oven, four ring electric hob, extractor hood, two PVCu double glazed windows to front.
Lounge areas has fitted carpet and window to front
Leasehold Information
The vendor has informed Belvoir there are 114 years remaining on the lease
The vendor has informed Belvoir the service charge is £1000 per annum
The vendor has informed Belvoir the ground rent is £200 per annum
Investor Information
Based on a sale at £130k and potential rental income of £675pcm (please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary)
- 75% loan assuming standard btl loan at 2.49% (interest only)
- Capital used £37,850 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £4,288 = 11.33% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 5.98%
Belvoir Disclaimer
Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract
Entrance Hall
Entrance into the apartment is greeted with hallway with doors leading to all rooms and door to Storage cupboard
Bedroom Two (2.49m x 2.15m max (8'2" x 7'0" max))
Bedrooom with fitted carpet and PVCu double glazed window to rear
Bathroom
Fitted with a three piece suite comprising of wash hand basin, WC and bath with shower over
Master Bedroom (3.37m x 3.36m max (11'0" x 11'0" max))
Double bedroom with fitted carpet and door to;
En-Suite
Three piece suite comprising deep panelled bath, shower cubicle and WC, tiled splashbacks.
Kitchen/Living Area
Fitted with a matching base and eye level units with worktop space over, 1½ bowl stainless steel sink, built-in fridge/freezer, washing machine, electric oven, four ring electric hob, extractor hood, two PVCu double glazed windows to front.
Lounge areas has fitted carpet and window to front
Leasehold Information
The vendor has informed Belvoir there are 114 years remaining on the lease
The vendor has informed Belvoir the service charge is £1000 per annum
The vendor has informed Belvoir the ground rent is £200 per annum
Investor Information
Based on a sale at £130k and potential rental income of £675pcm (please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary)
- 75% loan assuming standard btl loan at 2.49% (interest only)
- Capital used £37,850 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £4,288 = 11.33% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 5.98%
Belvoir Disclaimer
Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract
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