•Auction date: TBC
•Guide Price: £59,500+
•Two-bedroom first floor flat
•Ready-made investment property
•Tenanted: £5,220 per annum, 8.77% Gross Yield
This spacious two-bedroom flat is located on the first floor within this purpose-built block of flats in a popular residential area within close proximity to Newark Town Centre.
The accommodation comprises a spacious lounge/ diner, separate fitted kitchen, two generous bedrooms and a family bathroom. The lounge is neutrally decorated with a delightful feature fireplace.
There is a separate kitchen including a range of fitted units with splash back tiles, stainless steel sink and complimentary flooring.
Each bedroom offers spacious accommodation with tastefully painted walls and carpeting. The bathroom comprises a fitted three-piece suite, having a bath, low flush WC, and wash hand basin with partially tiled walls.
Externally, the flat benefits from a large brick-built storage shed which is located adjacent to the front door to the property and a very large garden which is laid to lawn mainly with a low maintenance patio area. There is also the benefit of on street parking within the vicinity.
Kitchen 2.43m x 3.96m (max)
Lounge 4.51m x 4.69m
Bedroom 4.12m x 2.99m (max)
Bedroom 4.11m x 3.28m
Bathroom 1.82m x 1.95m
Total Approx. 70 Sq. M (753 Sq. Ft)
We understand the property has mains gas, electricity, water and drainage. However, interested parties should carry out their own investigations.
The property is currently tenanted at £435 pcm (£5,220 per annum) representing a gross annual yield of 8.77%, based on the guide price.
The flat is rated in Council Tax Band A. Council Tax amount payable for 2019/2020 is £1,349.
2% (minimum £3,600) including VAT.
If you are thinking of selling your property, contact us now for a free appraisal and benefit from:
•0% Seller Fee
•£0 Entry Fee
•£0 Marketing Costs
•20 Working Day Completion