Studio Flat For Sale £39,950
Welcome to this charming studio apartment located in the highly sought-after area of Willerby. This small yet convenient property is ideal for individuals seeking a compact living space with all the necessary amenities.
Upon entering the apartment, you are greeted by an inviting entrance hallway, providing a sense of separation from the main living areas. Adjacent to the entrance, you'll find a compact kitchen area equipped with wall and base units, as well as a fitted oven, hob, and extractor fan, offering the essential appliances for all your culinary needs. Completing the kitchen setup is a sink, providing convenience for everyday tasks.
The living/bedroom area of the apartment is surprisingly spacious and boasts a neutral decor theme, with white walls and a complementing grey carpet. This versatile space allows for comfortable living while also offering flexibility for various furniture arrangements.
Additionally, a cupboard within the apartment has been cleverly designed to serve as a utility space, providing storage and fittings for a washing machine, ensuring maximum functionality and efficient use of the available space.
The bathroom in this studio apartment features a unique touch with glass brick, adding a delightful feature to the space while allowing natural light to filter through. It comprises a toilet, sink, and a convenient shower cubicle, offering all the necessary amenities for personal care routines.
In addition to its appealing features, this studio apartment in Willerby offers the added convenience of an allocated parking space.
Investors will be pleased to know that this property has a rental value of £350 per calendar month (pcm), resulting in an attractive gross yield of 10.51%. This property presents itself as the ideal investment opportunity, particularly for those who are new to the property investment industry. With its low cost and high yield potential, it offers a compelling proposition for individuals seeking to enter the market.
Leasehold Property
Ground Rent: £200 pa
Service Charge: £1066 pa
115 years left on the lease.
EPC rating: B. Council tax band: A, Tenure: Freehold, Annual service charge: £1066, Annual service charge review period (years): 115, Service charge description: £200 pa Ground Rent,
