3 bed Flat For Sale £325,000
This is a great opportunity to purchased this first floor apartment 758 Sq ft with a private terrace area for possibly development opportunity (STPP) or a usable private outside space. The property is located on the front view aspect of the Fountain Roundabout, The accommodation comprise of Lounge, Three bedrooms, Separate WC and Bathroom, Fitted Kitchen and private terrace.
Firstly, The property however has a low lease of 68 years so therefore its tougher to obtain a mortgage, however the Freeholder can do a lease extension in conjunction with the purchaser obtaining the mortgage, so yes it is Mortgageable with a new lease. Further information can be provided upon request.
Secondly, the property although in liveable condition can do with a full refurbishment internally, the benefits includes UPVC Windows, Gas Central Heating and potential to Extend (STPP). We estimated with our builders a estimate for repairs for Circa £20k to £30k renovation costs, we are happy to provide you with the builders contact for you to discuss finer details.
As a Buy to Let investment it can bring in a rental figure of £1500.00 pcm and always easily lettable because of its location there is High demand particularly for a 3 Bed.
No chain.
Firstly, The property however has a low lease of 68 years so therefore its tougher to obtain a mortgage, however the Freeholder can do a lease extension in conjunction with the purchaser obtaining the mortgage, so yes it is Mortgageable with a new lease. Further information can be provided upon request.
Secondly, the property although in liveable condition can do with a full refurbishment internally, the benefits includes UPVC Windows, Gas Central Heating and potential to Extend (STPP). We estimated with our builders a estimate for repairs for Circa £20k to £30k renovation costs, we are happy to provide you with the builders contact for you to discuss finer details.
As a Buy to Let investment it can bring in a rental figure of £1500.00 pcm and always easily lettable because of its location there is High demand particularly for a 3 Bed.
No chain.
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