Alexander and co **investment buyer only** **110 year lease** **approx 6% Gross Yield** **no chain**
We welcome to the market this well presented studio apartment offered for sale to an investment buyer only. The property has a tenant in situ and is marketed for sale with no upper chain.
The property is situated in a Cul-De-Sac location within the cleveland park development, close to open green space.
Upon opening the front door you step into the 15' lounge / bedroom with two Upvc windows to the front At the far end you have an archway into the kitchen area with a Upvc window and airing cupboard. The inner hallway/dressing area has a storage cupboard and leads into a recently refitted bathroom, also with Upvc window. Outside the property has an allocated parking space.
Lease: 125 years from 1/1/06 - approx. 110 remaining
Service Charge: £20 Per Month - Owner Advised
Ground Rent: £20 Per Year - Owner Advised
Current tenancy details
Tenant in situ until September 2022, currently paying £625pcm. Gross return: 6%
Internal viewing is highly recommended through owner’s agents Alexander & Company