Studio Flat For Sale, Flat 6, 2 Shaw Lane, Barnsley S70

Description

*** attention landlords *** This first floor self contained studio flat is offered to the market with a tenant in place returning £3600 per annum (8% yield). The easy to maintain property is presented to an excellent standard with neutral decor and flooring, along with electric heating system and UPVC double glazing. Furthermore it has modern kitchen and bathroom fitments and off street parking.

The property is let on an assured shorthold tenancy since 2018 and is within a fixed term until September 2021. Sorbys act as managing agents for the tenancy and we understand the current tenant would like to remain beyond this current term. There hasn't been a rent review, therefore this is something the new buyer may look at to increase the yield further.

Ground floor:

entrance lobby

first floor:

studio lounge/bedroom 16' 2" x 14' 2" (4.95m x 4.32m)

kitchen 9' 6" x 5' 1" (2.90m x 1.57m)

lobby/utility

bathroom

outside The property forms part of a small development of similar style dwellings and stands in communal grounds having a useful storage area to the side of the front entrance door. It also provides off street parking within the adjacent car park area.

Tenure: The property is leasehold dated December 1981 for a period of 99 years. The annual ground rent is £20 per annum. There are no further management fees we are informed.

Should the successful buyer wish to assign a new 110 year lease, we are advised this can be available at an additional cost of £9000.

Viewings: In order to let the tenant have quiet enjoyment of the property, initially we will email a video walk through which shows the entire property. Please contact Sorbys direct to receive a copy of the video tour.

Follow the link for more information:

        
zoopla.co.uk

Email notifications

Search

Order by Price Min Price Max Price Min Price Max

- + Search

Studio Flat For Sale £45,000 Flat 6, 2 Shaw Lane, Barnsley S70

Studio Flat For Sale £45,000
Flat 6, 2 Shaw Lane, Barnsley S70