** SPACIOUS MODERN TWO BED FLAT IN REDHOUSE PARK ** GOOD DECORATIVE ORDER ** OFFERS CLOSE TO 11 % GROSS YIELD AT GUIDE ** 871 SQFT OF SPACE AND LONG LEASE **
Description
** SPACIOUS MODERN TWO BED FLAT IN REDHOUSE PARK ** GOOD DECORATIVE ORDER ** OFFERS CLOSE TO 11 % GROSS YIELD AT GUIDE ** 871 SQFT OF SPACE AND LONG LEASE **
This spacious and modern first-floor flat offers over 870 sq ft of well-proportioned accommodation and is presented in good decorative order throughout, making it an ideal investment opportunity. The property offers an estimated rental income of approximately £1,250 per calendar month and a gross rental yield of close to 11% based on the guide price. Features include a Juliet balcony, gas central heating, double glazing allocated parking and an unexpired lease term of 107 years. Situated in the sought-after Redhouse Park area, the property is conveniently located just a few miles from Milton Keynes Central and its wide range of shopping, leisure and transport amenities.
INSIDE COMMUNAL ENTRANCE
With intercom and stairs to all floors
ENTRANCE HALL
Intercom receiver, laminate floor, cupboard housing gas boiler, radiator, door to
LOUNGE 19'0 X 14'0
Double glazed windows, double glazed door to juliet balcony, radiator.
KITCHEN 17'6 X 6'5
Double glazed window, a range of high gloss units, with stainless steel sink, integrated oven, hob, filter hood and washing machine. Radiator.
BEDROOM ONE 14'0 X 9'0
Double glazed window, radiator
BEDROOM TWO 14'0 X 9'0
Double glazed window, radiator
BATHROOM 7'0 X 6'5
Double glazed window, bath, sink, wc, tiled to splash areas, heated towel rail.
OUTSIDE RESIDENT CAR PARK
With gated entry and one allocated parking space
LEASE DETAILS 125 Year lease term with 107 years unexpired.
SERVICE CHARGES AND GROUND RENT. The client informs us the annual service & estates charges are £2596 PA with a ground rent of £359.PA
This is intended as a guide, please refer to the legal pack for further clarification.
Tenure: Leasehold
EPC Rating: B
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
£2,400 Inc VAT
Administration Charge
£1,140 Inc VAT
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- Unconditional (Immediate Exchange)
Call the team on 01908 030127 for more information
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