1 bed Flat For Sale £115,000
Lovetts Property Services are pleased to market this great investment opportunity. Currently creating a rental income of £5,400 P/A, with the potential to increase to around £6,300(£525 pcm) - £6,600(£550PCM)
The property is a stones throw away from the ever growing Dreamland, so it has great potential for an Air B&B/Holiday Let not to mention its own parking space, a desired asset in todays market. A short walk from the Station appealing to those who have to commute with the train lines only improving within the area, Central London is only an hour and twenty minutes away.
This property has a lift within the communal halls not to mention an up to date fire safety system, within the flat you will find a modern Kitchen with fitted wall/base units, an electric oven/hob & extractor fan, which then leads into an open plan Lounge/Diner with a Juliet balcony overlooking the park. Into the Bathroom the property has a shower (no bath) but is a very good size and can be modernised to give it a contemporary look and increase rental income. The one Bedroom is a very large double with a built in double wardrobe to maximise space.
The whole property is double glazed and has electric heating throughout but is very economical to maintain as mentioned by the current tenant.
The property is currently tenanted please note a minimum 24Hrs notice must be given to the Agency to arrange a viewing.(viewings will not proceed otherwise)
Lease Length - 113 years left
Ground Rent - £200 per annum
Service Charge - £1,314 per annum
Kitchen (2.06m x 2.18m (6'9 x 7'2))
Bedroom (2.90m x 3.84m (9'6 x 12'7))
Lounge (2.90m x 5.00m (9'6 x 16'05))
Bathroom (1.60m x 1.91m (5'3 x 6'3))
The property is a stones throw away from the ever growing Dreamland, so it has great potential for an Air B&B/Holiday Let not to mention its own parking space, a desired asset in todays market. A short walk from the Station appealing to those who have to commute with the train lines only improving within the area, Central London is only an hour and twenty minutes away.
This property has a lift within the communal halls not to mention an up to date fire safety system, within the flat you will find a modern Kitchen with fitted wall/base units, an electric oven/hob & extractor fan, which then leads into an open plan Lounge/Diner with a Juliet balcony overlooking the park. Into the Bathroom the property has a shower (no bath) but is a very good size and can be modernised to give it a contemporary look and increase rental income. The one Bedroom is a very large double with a built in double wardrobe to maximise space.
The whole property is double glazed and has electric heating throughout but is very economical to maintain as mentioned by the current tenant.
The property is currently tenanted please note a minimum 24Hrs notice must be given to the Agency to arrange a viewing.(viewings will not proceed otherwise)
Lease Length - 113 years left
Ground Rent - £200 per annum
Service Charge - £1,314 per annum
Kitchen (2.06m x 2.18m (6'9 x 7'2))
Bedroom (2.90m x 3.84m (9'6 x 12'7))
Lounge (2.90m x 5.00m (9'6 x 16'05))
Bathroom (1.60m x 1.91m (5'3 x 6'3))
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