Attention Investors! This property is being sold with a tenant in situ and has a gross yield of 7.5%. The property offers good sized accommodation throughout and has modern fixtures and fittings. The apartment consists of an entrance hall, kitchen/living room, one double bedroom and bathroom. Externally there is off road parking.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
QTU220283/8
Location
There is access to local amenities including schools and bus routes. There is access to Hanley and the Potteries Shopping Centre for shops and amenities within the city centre. Road links include the A50, A500 and M6 motorway.
Our View
This property would be perfect for experienced landlords or first time investors looking to purchase their first investment. The property is well maintained by the current tenant and is an instant source of income. Call the office today to book your viewing!
Material Information
*** Council Tax Band A ***
*** Tenure: Leasehold ***
*** EPC Rating C ***
Leasehold Information
Lease Date: 13 October 2006
Commencement Date: 1 January 2006
Lease Term: 250 Years
Remaining: 233 Years
Ground Rent: £70 Every 6 Months
Service Charge: £721.99 Every 6 Months
These figures should be confirmed by your solicitor.
Communal Entrance
Entrance Hall
Open Plan Kitchen / Lounge (6.55m x 2.16m)
Bedroom (2.77m x 3.38m)
Bathroom (1.83m x 2.36m)
Outside
Communal Parking