Fantastic buy for an Investor/Landlord. The flat is currently tenanted, the tenants are in a fixed term AST until September 2022, paying a rental of £575pcm. Potential rental on this flat on today’s market is £650pcm.
This spacious 2nd floor one bedroom apartment is located in the popular conversion development at Whitecroft Works, situated close to both Kelham Island and the City Centre with access to a range of amenities including shops, bars, restaurants and excellent transport links to the M1 Motorway, public transport routes and the Supertram network is within easy reach. Briefly comprises of entrance hallway, open plan kitchen living room, spacious bedroom and modern bathroom. Benefits from gas central heating and is double glazing.
EPC Rating: B. Council Tax: A.
Tenure: Leasehold
Leasehold remaining: 110 Years
Ground Rent: £150.00
Service Charges: £1316.86
Currently achieving rental of £575pcm - £6,900 per annum - yield of 6.27%. Potential rental of £650pcm - £7,800 per annum - yield of 7.09%.
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