** EXCELLENT MODERN & SPACIOUS ONE BEDROOM APARTMENT CLOSE TO BLETCHLEY TRAIN STATION ** GROSS YIELD OF 10 % + (AT GUIDE) LONG LEASE (OVER 100 YEARS) WELL PRESENTED, IN DEMAND RENTAL PROSPECT **
Description
** EXCELLENT MODERN & SPACIOUS ONE BEDROOM APARTMENT CLOSE TO BLETCHLEY TRAIN STATION ** GROSS YIELD OF 10 % + (AT GUIDE) LONG LEASE (OVER 100 YEARS) WELL PRESENTED, IN DEMAND RENTAL PROSPECT **
This modern fourth-floor, one-bedroom apartment would make an ideal rental investment, offering a gross rental yield of over 10% (based on the guide price) with an expected monthly rental value of approximately £895. The property features generously sized accommodation and modern facilities, including intercom entry and lift access to all floors. It also benefits from a remaining lease term of approximately 104 years. Ideally situated close to Bletchley Train Station, the apartment is perfectly located for commuters, making it an excellent rental prospect.
ACCOMODATION COMMUNAL ENTRANCE
ENTRANCE HALL
OPEN PLAN LOUNGE/KITCHEN
LOUNGE AREA 13'3 X 11'5
KITCHEN 10'0 X 7'6
BEDROOM 13'8 X 11'4
DRESSING ROOM 6'4 X 4'5
BATHROOM 9'9 X 5'6
OUTSIDE CAR PARKING: Car park to front, please check legal park to see any parking rights as we cannot confirm the parking rights or arrangements.
LEASE DETAILS With an unexpired lease term of approximately 104 years. Ground rent fixed at £200 until 31/12/2031, then due to increase as per the lease terms. We do not currently hold service charge information. Our client has been unable to provide this information to us because they are an Asset Management Company with limited knowledge of this property. Because of this we are unable to provide figures relative to the current charges applicable to this property.
Tenure: Leasehold
EPC Rating: C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium
£2,100 inc VAT payable on exchange of contracts
Administration Charge
£1,140 inc VAT payable on exchange of contracts
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- Unconditional (Immediate Exchange)
Call the team on 01908 030127 for more information
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