•Auction Date: 22nd – 23rd January 2020
•Guide Price: £180,000+
•Ground Floor Flat
•In Need Of Renovation
This ground floor one-bedroom apartment will offer its new occupants the opportunity to get onto the housing ladder as a first time buy with the chance to make the property their own through renovation. Furthermore, this property would also suit as an investment; we would expect the property to achieve a rental price of £800PCM - £850PCM once renovations are complete.
The flat comprises an entrance hall with two separate large storage cupboards, a bathroom with a white suite and shower over bath, a kitchen with low level units and spaces for appliances. There is a lounge and a bedroom that is a spacious double with built in wardrobe space. The property is completely double glazed and has the benefit of gas central heating. There is parking for one vehicle included with the flat.
£800-£850 per calendar month giving a gross yield spread of 5.33% - 5.67%.
The property has access to electricity, gas and water. John Pye Property have not inspected the services interested parties should make their own enquiries as to services available.
2% (minimum £3,600) inc. VAT
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