Property description

2 BEDROOMS * FULLY REFURBISHED APARTMENT * CLOSE TO TOWN * 8-9% YIELD - CHAIN FREE

Introduction
CALLING ALL LANDLORDS* FULLY REFURBISHED APARTMENT * CLOSE TO TOWN * 8- 9 % YIELD * Reduced from £95,000 for a quick sale. The property currently benefits from a existing tenancy until August 2017. On offer this two bedroom apartment situated just a short walk from the Ryde town centre, the bus station and commuter links to the mainland as well as the lovely sandy beach.With two double bedrooms, a great sized bathroom and spacious kitchen/living area with views across to Portsmouth this property is definitely one to view.

Kitchen/Living space - 12\‘ 7\‘\‘ x 12\‘ 10\‘\‘ (3.83m x 3.91m)
Kitchen has built-in electric oven and hob, stainless extraction, tiled splash back and built-in wall and floor cupboards, Two double glazed windows with views to the sea. Electric panel heater.

Bedroom 1 - 8\‘ 7\‘\‘ x 9\‘ 4\‘\‘ (2.61m x 2.84m)
Double glazed window with views. Panel heater

Bedroom 2 - 9\‘ 4\‘\‘ x 10\‘ 1\‘\‘ (2.84m x 3.07m)
Freshly deccorted throughout, Panel heater

Bathroom - 5\‘ 9\‘\‘ x 8\‘ 8\‘\‘ (1.75m x 2.64m)
White bath suite, shower over bath, washing machine plumbing in cupboard

Tenure
We understand from the vendor that the service charge and ground rent is approximately £60 per month.The lease has circa 90 years remaining.Currently occupied on a standard Assured Shorthold Tenancy Agreement until Aug 2017 achieving £525pcm (£6,300pa).

Property Features :

• Fully Refurbished Apartment
• Two Bedrooms
• Close To The Sandy Beach
• Close to Transport links
• Sea Views