House For Sale £275,000
Investment purchase only | town centre location | two, one bedroom apartments with freehold | garden and off road parking | tenants in occupation
M & M Properties are pleased to offer for sale this exciting investment opportunity consisting of a converted Victorian terrace property currently arranged as A one bedroom ground floor apartment and first floor studio apartment both with tenants in occupation, an outside garden area, off road parking and the freehold. Located on a popular linking road walking distance to the town centre location.
**These properties are available for investment purchase only.**
Location
South Street located on the edge of the Leighton Buzzard town centre offering a short walk into the main high street which includes a wide range of shops, supermarkets, pubs, restaurants and local businesses aswell as a vibrant twice-weekly charters market. There are also excellent commuter links close by to include the Leighton Buzzard train station being just 0.8 miles away which can provide a direct link into London Euston in approx 30 minutes, additionally there are numerous roads to include the A5, A4146,1414 and M1 within close proximity.
Accommodation
Both apartments are accessed through a central front door and each have their own private entrances. Flat 108a is located on the ground floor with accommodation to include one double Bedroom, a Living Room with a separate Kitchen and a Bathroom. Stairs rise up to Flat 108b which is a studio apartment, has a landing area, open plan Living, Kitchen and Bedroom and a separate Bathroom. Both properties have scope for improvement, modernisation or refurbishment in certain areas.
Gardens & Parking
There is a fully enclosed, low maintenance rear garden mainly laid to lawn with a paved patio seating area and gated access to the parking at the back. The parking area provides off road parking for up to three vehicles.
Tenure
We as agents can confirm this building is Freehold. Flat 108a (Ground Floor) is leasehold with a remaining lease of 65 years.
Council Tax Band
Both properties are council tax band A.
Tenancy Information
Both properties are currently managed by M & M Properties. For further information, please request the information from the agency.
Rental income currently £1,100 pcm / £13,200 per annum (subject to yearly reviews).
Rental income after contracted fees £950.16p pcm / £11,401.92p per annum net income (subject to yearly reviews).
Ground Rent (108A Only)
We have been advised the current ground rent is £50 per annum, this does increases every 33 years to a maximum of £200 per annum and can be reviewed after completion.
M & M Properties are pleased to offer for sale this exciting investment opportunity consisting of a converted Victorian terrace property currently arranged as A one bedroom ground floor apartment and first floor studio apartment both with tenants in occupation, an outside garden area, off road parking and the freehold. Located on a popular linking road walking distance to the town centre location.
**These properties are available for investment purchase only.**
Location
South Street located on the edge of the Leighton Buzzard town centre offering a short walk into the main high street which includes a wide range of shops, supermarkets, pubs, restaurants and local businesses aswell as a vibrant twice-weekly charters market. There are also excellent commuter links close by to include the Leighton Buzzard train station being just 0.8 miles away which can provide a direct link into London Euston in approx 30 minutes, additionally there are numerous roads to include the A5, A4146,1414 and M1 within close proximity.
Accommodation
Both apartments are accessed through a central front door and each have their own private entrances. Flat 108a is located on the ground floor with accommodation to include one double Bedroom, a Living Room with a separate Kitchen and a Bathroom. Stairs rise up to Flat 108b which is a studio apartment, has a landing area, open plan Living, Kitchen and Bedroom and a separate Bathroom. Both properties have scope for improvement, modernisation or refurbishment in certain areas.
Gardens & Parking
There is a fully enclosed, low maintenance rear garden mainly laid to lawn with a paved patio seating area and gated access to the parking at the back. The parking area provides off road parking for up to three vehicles.
Tenure
We as agents can confirm this building is Freehold. Flat 108a (Ground Floor) is leasehold with a remaining lease of 65 years.
Council Tax Band
Both properties are council tax band A.
Tenancy Information
Both properties are currently managed by M & M Properties. For further information, please request the information from the agency.
Rental income currently £1,100 pcm / £13,200 per annum (subject to yearly reviews).
Rental income after contracted fees £950.16p pcm / £11,401.92p per annum net income (subject to yearly reviews).
Ground Rent (108A Only)
We have been advised the current ground rent is £50 per annum, this does increases every 33 years to a maximum of £200 per annum and can be reviewed after completion.
