INVESTORS
Yield based on purchase price of £125,000 and rental income of £950.00 pcm including gas and electric.
Gross Rental Yield 9.12%
Net Rental Yield 7.10%
Enid Blyton House is situated in a convenient location being within walking distance of both the town centre and railway station.
Mortimers are delighted to offer for sale this nicely presented one bedroomed flat that would make an ideal first home of buy to let property.The property benefits from gas central heating and has accommodation that comprises entrance hall, kitchen with breakfast bar, lounge, bedroom with built in wardrobes and modern bathroom. Outside there is a residents car park.
COUNCIL TAX BAND - A
EPC - C
LEASE DETAILS:
Lease 87 years left
Service Charge £209.90 MONTHLY OR £2,518.80 ANNUALLY (INCLUDES GAS, ELECTRICITY CHARGES AND INSURANCE)
Ground Rent £10.00 annually.
https://www.lease-advice.org/calculator/
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(If you use the lease extension calculator, the annual ground rent is £10.00).
Entrance Hall - 13'8" (4.17m) x 9'6" (2.9m)
Door to front aspect, radiator.
Lounge 13` 8" x 9` 6" ( 4.17m x 2.90m ) - 13'8" (4.17m) x 9'6" (2.9m)
Windows to rear aspect, double glazed, open plan with kitchen, radiator, television point, telephone point.
Kitchen - 5'0" (1.52m) x 7'11" (2.41m)
Fitted kitchen comprised of wall and base units with work surfaces and tiling to complement, sink with drainer, electric cooker-point, plumbing for washing machine, space for fridge/freezer, breakfast bar.
Bedroom 1 - 17'1" (5.21m) x 5'10" (1.78m)
17` 1" x 5` 10" ( 5.21m x 1.78m )
Window to front aspect, double glazed, radiator.
Bathroom
Bath with mixer taps and overhead shower, WC, wash hand basin, radiator, extractor fan.
Communal Gardens
Access to well-maintained communal gardens.
Communal Laundry Room
Within the complex there is a launderette with industrial size washing machines and dryers which are available for use by all residents and are included within the service charges.