2 bed Flat For Sale £125,000
These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or to commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.
Investor Information Based on a sale at £125k and potential rental income of £725 pcm (please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary) 75% loan assuming standard btl loan at 2.49% (interest only) Capital used £36,350 (including deposit, stamp duty and conveyance) Annual pre tax profit of £3,538 = 9.73% pre tax income on capital used (these assumptions include a maintenance estimate and leasehold costs) Gross yield 6.69%
If you are thinking of purchasing this property as a buy-to-let, we have a variety of property management schemes available, ranging from the traditional to our highly popular Guaranteed Rental Income Scheme which offers hassle free property management whilst guaranteeing the rent even if the property is vacant!
EPC rating: D. Council tax band: A, Tenure: Leasehold, Length of lease (remaining): 95 years 9 months
Outside
One allocated parking space. Well maintained communal grounds for residents only. Secure communal door to apartments.
Hallway
Storage cupboard housing hot water tank. Doors to:
Lounge
PVCu double glazed sliding windows to balcony. PVCu double glazed window to side aspect. Electric heater. (3.87m x 3.09m)
Kitchen
PVCu double glazed window to front aspect. Range of modern eye & base level units with worktop over. Induction hob with extractor hood. Integrated fridge. Integrated washing machine. (2.32m x 3.35m)
Bathroom
Opaque PVCu double glazed window to side aspect. Fully tiled walls with shower enclosure and vanity unit. WC and hand wash basin. Ceramic tiled flooring. (2.56m x 1.68m)
Bedroom One
PVCu double glazed window to front aspect. Fitted wardrobes. (2.96m x 2.74m)
Bedroom Two
PVCu double glazed window to side aspect. Fitted wardrobes. (3.46m x 2.58m)
Lease
£600 half yearly service charge. £125 Ground Rent pa. 93 years remaining.
Investor Information Based on a sale at £125k and potential rental income of £725 pcm (please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary) 75% loan assuming standard btl loan at 2.49% (interest only) Capital used £36,350 (including deposit, stamp duty and conveyance) Annual pre tax profit of £3,538 = 9.73% pre tax income on capital used (these assumptions include a maintenance estimate and leasehold costs) Gross yield 6.69%
If you are thinking of purchasing this property as a buy-to-let, we have a variety of property management schemes available, ranging from the traditional to our highly popular Guaranteed Rental Income Scheme which offers hassle free property management whilst guaranteeing the rent even if the property is vacant!
EPC rating: D. Council tax band: A, Tenure: Leasehold, Length of lease (remaining): 95 years 9 months
Outside
One allocated parking space. Well maintained communal grounds for residents only. Secure communal door to apartments.
Hallway
Storage cupboard housing hot water tank. Doors to:
Lounge
PVCu double glazed sliding windows to balcony. PVCu double glazed window to side aspect. Electric heater. (3.87m x 3.09m)
Kitchen
PVCu double glazed window to front aspect. Range of modern eye & base level units with worktop over. Induction hob with extractor hood. Integrated fridge. Integrated washing machine. (2.32m x 3.35m)
Bathroom
Opaque PVCu double glazed window to side aspect. Fully tiled walls with shower enclosure and vanity unit. WC and hand wash basin. Ceramic tiled flooring. (2.56m x 1.68m)
Bedroom One
PVCu double glazed window to front aspect. Fitted wardrobes. (2.96m x 2.74m)
Bedroom Two
PVCu double glazed window to side aspect. Fitted wardrobes. (3.46m x 2.58m)
Lease
£600 half yearly service charge. £125 Ground Rent pa. 93 years remaining.
