Investment opportunity to purchase the long leasehold interest of four one bedroom and one two bedroom apartments in Guildford Town Centre.
The apartments are finished to a good standard including fully fitted kitchens with integrated dishwashers, washer/dryer and fridges. There is under floor heating in all the apartments, downlighting, video entry phone system, smoke detectors. All of the apartments are fully carpeted. Other benefits include sealed unit double glazed windows, fully tiled bathrooms with high pressure showers.
All of the apartments are currently let on Assured Shorthold Tenancies with a current gross rent passing of £4,575 per calendar month.
Lease details
Term: Balance of 999 year lease, dated 18 March 2008
ground rent: £1 per annum
buildings insurance: £2,482.58 (inc VAT) (2022-2023)
service charge: £300.02 (2020) and £181.66 (2021) - 42% apportionment
EPC details available from the agent - rating C - E