2 bed Flat For Sale £156,250
Summary
investment opportunity! Rare opportunity to purchase a block of four apartments and the freehold of the building, located on the outskirts of the town centre. The portfolio of apartments brings in a current annual rent of £41,880, with a great yield of 6.7%.
Description
Being sold as part of a portfolio only, are these four two bedroom apartments located on the edge of Newmarket Town Centre benefitting from tenants-in-situ with an annual income of £41,880, based on asking price this is a yield of 6.7%. This is a great investment opportunity not to be missed!
Newmarket offers a varied range of local shops and amenities, these include the National Horse Racing Museum, primary and secondary schools, a twice-weekly open air market, hotels, restaurants, public houses and modern leisure and gym facilities. Excellent transport links to the A14/A11 for easy access to both Cambridge and Bury St. Edmunds. There is a regular railway service to London's Kings Cross and Liverpool Street stations via Cambridge Station.
Agents Note:
only to be sold as part of A portfolio for £625,000. Portfolio includes 5 titles, one for each of the four apartments and one for the freehold of the building.
Apartment One
Accommodation briefly comprises of 2 bedrooms, living dining room, kitchen and bathroom.
Apartment Two
Accommodation briefly comprises of 2 bedrooms, living dining room, kitchen and bathroom.
Apartment Three
Accommodation briefly comprises of 2 bedrooms, living dining room, kitchen and bathroom.
Apartment Four
Accommodation briefly comprises of 2 bedrooms, living dining room, kitchen and bathroom.
Freehold
Being sold with the titles for the four flats.
Outside
There are four parking spaces that come with the property, there is an annual charge of £500 for the upkeep of this.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
investment opportunity! Rare opportunity to purchase a block of four apartments and the freehold of the building, located on the outskirts of the town centre. The portfolio of apartments brings in a current annual rent of £41,880, with a great yield of 6.7%.
Description
Being sold as part of a portfolio only, are these four two bedroom apartments located on the edge of Newmarket Town Centre benefitting from tenants-in-situ with an annual income of £41,880, based on asking price this is a yield of 6.7%. This is a great investment opportunity not to be missed!
Newmarket offers a varied range of local shops and amenities, these include the National Horse Racing Museum, primary and secondary schools, a twice-weekly open air market, hotels, restaurants, public houses and modern leisure and gym facilities. Excellent transport links to the A14/A11 for easy access to both Cambridge and Bury St. Edmunds. There is a regular railway service to London's Kings Cross and Liverpool Street stations via Cambridge Station.
Agents Note:
only to be sold as part of A portfolio for £625,000. Portfolio includes 5 titles, one for each of the four apartments and one for the freehold of the building.
Apartment One
Accommodation briefly comprises of 2 bedrooms, living dining room, kitchen and bathroom.
Apartment Two
Accommodation briefly comprises of 2 bedrooms, living dining room, kitchen and bathroom.
Apartment Three
Accommodation briefly comprises of 2 bedrooms, living dining room, kitchen and bathroom.
Apartment Four
Accommodation briefly comprises of 2 bedrooms, living dining room, kitchen and bathroom.
Freehold
Being sold with the titles for the four flats.
Outside
There are four parking spaces that come with the property, there is an annual charge of £500 for the upkeep of this.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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