Friars Street

Hereford, HR4

Tenure: Leasehold

**INVESTORS: RENT £775pcm  -  GROSS YIELD 6.6%** A light, modern, first floor apartment located on a quiet street in the city centre with the benefit of an allocated parking space. HIGH CALIBRE TENANT IN SITU - NO TRANSFER COSTS - BUILDINGS INSURANCE INCLUDED. Walking distance to Centre

This first floor apartment is located on a quiet side street, in a purpose built block of 15 flats a fraction outside of the immediate City Centre. It has modern and contemporary conveniences throughout including double glazing and comes with an allocated parking space. The accommodation comprises: open plan kitchen/living/dining room, two bedrooms and a bathroom.

Secure Entry System - Hallway, Stairs and Landing to Apartment Door - Entrance Hallway - Modern Fitted Kitchen with Open Plan Dining and Living Room - Family Sized Bathroom with Shower Over Bath - Two Double Bedrooms - Solid Energy Efficiency (EPC: C) - Double Glazed Throughout - Allocated Parking Space - 800 Yds from City Centre

Agents Comment

A very solid investment opportunity, but also an outstanding residential apartment - Northwood manage eight properties in this block and have always enjoyed attracting quality tenants into a super facility within easy walking distance to the centre, hospital, council and Heineken (all of the major places of work) - good yields and generally well managed facilities. 

The property has the remainder of a 250 year lease which commenced in 2016.

The current annual service charge is approximately £950

The current annual ground rent is approximately £250

IMPORTANT NOTE: Building insurance included in ground rent/service fee

SELLING? WE OFFER FREE MARKET APPRAISALS OR SALES ADVICE MEETINGS WITHOUT OBLIGATION. CONTACT NORTHWOOD ON 01989 764050 TO FIND OUT HOW OUR AWARD-WINNING SERVICE CAN GUIDE YOU ON THE BEST WAY TO SELL YOUR PROPERTY.

We give notice that these particulars, although believed to be correct, do not constitute any part of an offer of contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify that they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status of the property. The buyer is advised to obtain verification from their solicitor or surveyor.

AML REGULATIONS To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request.

EPC rating: C. Council tax band: A, Domestic rates: £1468.24, Tenure: Leasehold, Annual ground rent: £250, Annual service charge: £950,