Alexander & Co are pleased to offer for sale this one bedroom first floor maisonette currently rented out at £620pcm at a 5.51% yield. Allocated parking space.
The ground rent is £30 per annum (2x £15) and there is no service charge. The owner is responsible for their own building insurance. The property was refurbished about six years ago with new kitchen and bathroom and has over 84 years left on the lease. The current owner will provide an indemnity policy for the non-payment of the past years ground rent and non-collection.
The current tenant is happy to stay on in the property.
An internal viewing is highly recommended through the owners agent Alexander & Co.