1 bedroom Flat For Sale

**INVESTOR OPPORTUNITY** - No onward chain – Fully tenanted one bedroom apartment in a superb position close to the city centre and great local amenities – RENT: £500pcm/ £6,000p.a. GROSS YIELD 6% -All tenant administration current and fully compliant with all legislation – NO COST TO TRANSFER TO NEW OWNER OR MANAGING AGENT – Northwood will hand across all relevant paperwork and deposit info at no charge OR set up management for the new landlord with no fee. Market Rent (Potential) - £625pcm/ £7,500p.a or Gross Yield at 7.9% - above average for the market.

Entrance Hall - Bedroom with built-in storage - Bathroom - Living Room - Kitchen - Communal Parking

Agents Comment

Great investment potential with tenancy in place managed full Northwood. One bedroom second floor apartment situated a stones throw from a range of local amenities to include Tesco supermarket, doctor's surgery, and regular bus route to City Centre. Property benefits from double glazing with an EPC rating "D".

Additional Information

Ground Rent: £0.00

Service Fees: £33 per month

Lease Length: 999 years from 1981

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.

Stamp Duty: Ensure you understand your Stamp Duty and Land Tax (SDLT) obligations before making an offer.

Residential Properties: Stamp Duty applies to purchases over £125,000 (standard threshold). First-time buyers benefit from an increased threshold of £300,000, provided the property costs £500,000 or less.

Additional Properties: If you’re purchasing a second home or buy-to-let property, a 5% surcharge applies on top of standard rates.

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.