Description
*INVESTMENT OPPORTUNITY* TENENT IN SITU GROSS YIELD 6.88% at asking price.
Brown&Co offers a first floor, two bedroom property in a modern, gated, apartment building in the heart of King's Lynn. The property has been used as a successful investment property since being purchased from new by our client. The property is to be sold with tenant in situ offering a gross yield of 6.2% at the asking price.
First hand inspection is recommended to see the property, which is located in Allinson Court, to see the environment which is popular with investment buyers as well as residential clients
Briefly, the property comprises; entrance hall (shared), hallway, open plan kitchen/living room, bathroom and two bedrooms located on the first floor of the property. The kitchen/living room benefits from a Juliet style balcony.
The property is let for £700 per month.
Measurements in Metres (approx)
Sitting Room 4.8 x 3.9
Bathroom 1.5 x 3.8
Bedroom 3.8 x 2.9
Bedroom 3.3 x 1.9
Agents Notes
£150 yearly ground rent.
£93 per month service and maintenance charge.
125 year lease from 2006.