Tenure: Leasehold

Investment Opportunity – Tenant in Situ
An excellent opportunity to acquire a well-positioned flat currently let to a tenant who is paying £620 per calendar month, providing an immediate rental income of £7,440 per annum. The property benefits from a modest main service charge of £540 per annum and an exceptionally low ground rent of just £10 per annum, making this an attractive proposition for landlords and investors seeking an established rental investment with a sitting tenant.

Accommodation:
Entrance
Glazed front door leads into:

Entrance Hallway
Stairs rise to the first floor. Door provides access to flat:

Hallway
Hatch to loft space with light. Doors to:

Lounge/Kitchen Diner 19'9" (6.02m) (max) x 14'5" (4.4m) (max) (L shaped room).
Lounge Area
Single glazed window to the front with distance views towards the hillsides. Single glazed window to the side. TV point. Coved ceiling.

Kitchen Diner
Fitted kitchen comprising:- Range of base units with roll edge work surface over. Wall units. Fitted ceramic electric oven and four ring electric hob. Single drainer stainless steel sink unit with mixer tap. Plumbing for automatic washing machine. Space for fridge freezer. Slate tiled effect laminate flooring. Coved ceiling.

Bedroom 11'2" x 9'1" (3.4m x 2.77m)
Single glazed window to the front with distance views towards the hillsides. Built in double wardrobe. Built in cupboard. TV point. wall mounted electric heater.

Bathroom
Fitted bathroom comprising:- Panelled bath with electric shower over. Shower screen. Pedestal wash hand basin with tiled splash back. WC. Wall mounted electric heater. Extractor fan.

Outside:
Front
Communal car park providing allocated parking for one vehicle.

Rear
Communal garden.

Lease Details
Lease: 999 years from 30/06/1990
Service Charge: approximately £550 per year
Ground Rent: £10 per year