2 bed Flat For Sale £197,500
Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers!
Yieldit are pleased to introduce this excellent 2 bedroom apartment in the popular Summer Court development on Wheeler Street, Maidstone.
** 4x Two Bedroom Units Available In This Block **
This top floor apartment has been finished to a modern standard, comprising of: Entrance hallway; closed kitchen fully equipped with kitchen appliances and large window offering a high degree of natural light; two double bedrooms; open living and dining room and a modern bathroom with large walk-in shower. The development itself was built 15 years ago and also benefits from central heating. The property also has intercom and 1 allocated parking space.
Summer Court benefits from also being just half a mile from the town centre and Maidstone East train station providing direct links to central London.
Located in Kent, Maidstone is a beautiful semi-rural town with a property market which has proved remarkably resilient for this past year. The range of new schemes and development coming forward will continue to attract the growing demand from out-movers of London.
Financial Breakdown
Gross rent: £10,200
Ground rent: £100
Service charge: £350
Lettings fees: £796
Net income: £8,954
Gross yield: 5.16%
Net yield: 4.53%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-16023
Yieldit are pleased to introduce this excellent 2 bedroom apartment in the popular Summer Court development on Wheeler Street, Maidstone.
** 4x Two Bedroom Units Available In This Block **
This top floor apartment has been finished to a modern standard, comprising of: Entrance hallway; closed kitchen fully equipped with kitchen appliances and large window offering a high degree of natural light; two double bedrooms; open living and dining room and a modern bathroom with large walk-in shower. The development itself was built 15 years ago and also benefits from central heating. The property also has intercom and 1 allocated parking space.
Summer Court benefits from also being just half a mile from the town centre and Maidstone East train station providing direct links to central London.
Located in Kent, Maidstone is a beautiful semi-rural town with a property market which has proved remarkably resilient for this past year. The range of new schemes and development coming forward will continue to attract the growing demand from out-movers of London.
Financial Breakdown
Gross rent: £10,200
Ground rent: £100
Service charge: £350
Lettings fees: £796
Net income: £8,954
Gross yield: 5.16%
Net yield: 4.53%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-16023
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