Property description

COMING SOON - more details to follow

A smart, bright and spacious ground floor flat situated in a modern purpose built development that enjoys a wonderfully convenient location on the edge of Marsh Barton and Alphington, making it perfect for a city dwelling owner/occupier or a buy to let investor.

The flat has a large, 'L' shaped, open plan room that offers plenty of room for cooking, dining and relaxing in. There are two double bedrooms (the master having an ensuite shower room) and a large bathroom.

Outside, the development provides an allocated parking space for the flat and there are communal gardens for the use and enjoyment of the leaseholders.

The flat is currently tenanted. The current owners state that at the rate of rent paid by the last tenant in occupation, the flat could produce a gross yield (before fees and expenditures) of around 5.3%.

The property is sold Leasehold (over 110 year remaining) and there is a service charge for the upkeep of the communal gardens and grounds, plus buildings insurance, of £66 per month (current at time of going on to the market). There is no ground rent at the current time.

BUY TO LET INVESTORS

Please note that all photographs are library shots and show a similar property in the development.

Property Features :

• Smart and spacious ground floor flat in modern development
• Large, open plan ´L´ shaped living / dining room / kitchen
• 2 double bedrooms plus en suite
• Large bathroom
• Allocated parking space