Greytree Road

Ross-on-Wye, HR9

Tenure: Leasehold

**NO ONWARD CHAIN** - INVESTOR OPPORTUNITY - Refurbishment required on this potentially lovely one bedroom, first floor apartment in Grade 2 Serendipity House, located centrally in Ross, close to great local amenities and places of work - Market Rent: £650pcm (once refurbished) - potential Gross Yield 11.2% - current lease 75 years, but can be sold with 999 years lease - modest service charge of £77.10pcm

Secure Building Entry System - Stylish Entrance Hallway - Stairs to Building First Floor - Hallway Entrance to Apartment - Large Lounge with Fire Place and Sash Windows - Dual Aspect Double Bedroom - "L" Shape Kitchen - Shower Room

Agents Comment.

This is an excellent Investor opportunity. Market rents of £650pcm are solid, with above average Gross Yields. However, to reach this, the property needs refurbishing. It will require redecorating throughout, all walls, woodwork, door frames, as well as new carpeting. The kitchen will likely need replacing, with upgrades to the shower room also. Naturally, with a property of this nature there will be repairs, not yet identified, possibly electrics and water heating. The existing electric radiators will need upgrading to more energy efficient versions. However, once completed, this will be a superb, centrally located and desirable property. New value, once refurbished, +/- £105,000.

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: D. Council tax band: A, Domestic rates: £1522.25, Tenure: Leasehold, Annual service charge: £931.2,