2 bed Flat For Sale £45,000
FOR SALE BY AUCTION - -Lot 65 - Flat for Investment
ONLINE AUCTION from 12th DECEMBER-14th DECEMBER
A recently refurbished two bedroom first floor flat. The property is currently tenanted and is achieving a rental income of £605 per month. The tenant has been in situ for approximately 3 years and has recently renewed the tenancy agreement.
An ideal investment, based on our guide price this property is achieving a 16.13% yield.
There is a right to manage agreement in place, we have been advised that the current service charge is £250 per annum.
Location
Located in Pontypool, this well presented property is situated on a residential road and is approximately a five minute walk into the town centre. The property offers easy road links for those commuting, along with a train station which is approximately a 15 minute drive away. The property is within walking distance to the new hospital and George Street Primary school.
Services
The property benefits from gas, water and electric (not tested).
VAT
We have been advised that no vat is applicable on this sale.
Service Charge
We have been advised that the property currently has a right to manage scheme in place, and is currently paying a service charge of £250 per year.
There are fully fitted carbon monoxide and smoke alarms at the property.
Tenure:
Advised Leasehold - to be verified by solicitor
Tenancies:
Currently tenanted and is achieving a rental income of £650 pcm.
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential, we have a Lettings Department that can help you. Please call us on[use Contact Agent Button] or [use Contact Agent Button] for invaluable advice.
ONLINE AUCTION from 12th DECEMBER-14th DECEMBER
A recently refurbished two bedroom first floor flat. The property is currently tenanted and is achieving a rental income of £605 per month. The tenant has been in situ for approximately 3 years and has recently renewed the tenancy agreement.
An ideal investment, based on our guide price this property is achieving a 16.13% yield.
There is a right to manage agreement in place, we have been advised that the current service charge is £250 per annum.
Location
Located in Pontypool, this well presented property is situated on a residential road and is approximately a five minute walk into the town centre. The property offers easy road links for those commuting, along with a train station which is approximately a 15 minute drive away. The property is within walking distance to the new hospital and George Street Primary school.
Services
The property benefits from gas, water and electric (not tested).
VAT
We have been advised that no vat is applicable on this sale.
Service Charge
We have been advised that the property currently has a right to manage scheme in place, and is currently paying a service charge of £250 per year.
There are fully fitted carbon monoxide and smoke alarms at the property.
Tenure:
Advised Leasehold - to be verified by solicitor
Tenancies:
Currently tenanted and is achieving a rental income of £650 pcm.
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential, we have a Lettings Department that can help you. Please call us on[use Contact Agent Button] or [use Contact Agent Button] for invaluable advice.
