Full description**INVESTMENT OPPORTUNITY – FANTASTIC YIELD- CURRENT TENANT IN TENANCY UNTIL AT LEAST AUGUST 2020 WITH A CURRENT RENTAL INCOME OF £7800PA**
This spacious top floor flat in a popular location with easy reach of the A45 and JLR benefiting from gas central heating and double glazing throughout and briefly comprising of a spacious lounge/diner, two double bedrooms, modern bathroom with mixer shower over bath and fitted kitchen with fridge/freezer and integrated oven & hob, includes a washing machine and tumble dryer housed in a separate built-in cupboard off the entrance hall. With off-road parking. The building will have new communal front doors and a new intercom which has been paid for by our vendor.
Lease hold term 125 years from 25th March 1985
Current Annual Ground Rent :£50.00 pa
Current Service charge 2019/2020 : £1200.00 approx
Approach Well maintained communal grounds, front and rear access to the block
Entrance Hall Carpeted, large built-in storage with plumbing for washing machine
Kitchen - 3.17m x 2.17m (10'4" x 7'1") - Vinyl flooring, fitted units with worktops over, stainless steel sink, integrated oven and hob, full height fridge/freezer, built-in storage housing combination boiler, double glazed window
Lounge/Diner - 3.19m x 6.56m (10'5" x 21'6") - Carpeted, large double glazed window to rear with smaller window to side, 2 x radiators
Bedroom - 3.18m x 3.68m (10'5" x 12'0") - Carpeted, large double glazed window to rear, radiator
Bedroom - 3.16m x 3.68m (10'4" x 12'0") - Laminated flooring, large double glazed window to rear, radiator
Bathroom - 1.68m x 2.23m (5'6" x 7'3") - Vinyl flooring, fitted white suite with low level WC, basin and bath with mixer shower over, glass block window to front, extractor fan
Garage The agent has been advised that the property has a separate garage as per the title plan but the garage block is currently in disrepair and is not accessible. The agent has also been advised that the leaseholders have a proposition to demolish the block and replace with allocated parking however any interested party should obtain more information of this via their own solicitor or legal representative.
Tenure The agent has been informed that the property is offered leasehold however any interested party should obtain confirmation of this via their own solicitor or legal representative.
Viewings Viewings are strictly by appointment only via Archer Bassett.