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This property was removed from Dealsourcr.

2 Bed Flat, Cash/Bridging Only, Burton-on-Trent, DE14 2UA £119,950

Jennings Way, Burton-On-Trent, DE14 2UA - 1 views - a year ago
  1. Deal Search
  2. Burton-on-trent
  3. DE14
  4. DE14 2UA
Leasehold
Cash
ROI: 3%
~68 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Burton-on-trent
  • More Deals in DE14
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  • More Cash/Bridging Only Deals in DE14

Property History

Listed for £119,950

January 15, 2025

Floor Plans

Description

  • Investment Opportunity +
  • Ground Floor Apartment +
  • Modern Fitted Kitchen +
  • Lounge Diner +
  • Two Bedrooms +
  • Fitted Bathroom +
  • Communal Parking & Garden +

LANDLORD ONLY INVESTMENT CURRENTLY TENANTED A SUPERB TWO BEDROOM GROUND FLOOR APARTMENT **

The apartment in brief features its own private ground floor entrance door leading into the fitted kitchen, alongside a spacious lounge/ diner, with inner hallway leading to the two good sized bedrooms and a modern bathroom with shower above the bath. The home is uPVC double glazed and gas centrally heated via the gas fired combination boiler. Outside is ample communal parking and there are communal grounds to both front and rear aspects of the building. Excellent location, good transport links and provides an attractive rental income for investors. The current rent obtained is £660 pcm This property must be seen!

The Accommodation -

Lounge Diner - 6.10m max x 3.35m max (20'0 max x 11'0 max) - An open plan lounge diner with uPVC sliding patio door to the rear communal garden, laminate floor and feature fire place.

Fitted Kitchen - 3.00m x 2.74m (9'10 x 9'0) - A modern fitted kitchen with a selection of units, built-in oven and electric hob, extractor hood above, wall mounted gas fired combi boiler, tile flooring and back door to the garden.

Bedroom One - 3.58m x 2.77m (11'9 x 9'1) - Located on the front aspect with window. and radiator.

Bedroom Two - 3.58m x 2.13m (11'9 x 7'0) - Located on the front aspect with window. and radiator.

Fitted Bathroom - Fitted with a three piece bathroom suite offering WC, hand wash basin and bath with shower above and complementary wall tiling.

Outside - The block of four individual apartments have access to the shared parking area and the front and rear enclosed garden for drying washing.

Leasehold - The property is leasehold with share of freehold therefore the agreed annual payment for costs and building insurance is currently £540 per annum.
This figure is subject to change and the full terms of lease are to be discussed with the existing vendor and your legal conveyancer/ solicitor before exchange of contracts.
The original lease term was 999 years with approximately 967 years remaining.

Tenanted Property - The property has long term tenants in place paying £660 pcm, any intending purchaser will require suitable buy to let finance or cash purchase, being sold with tenant in occupation.
Awaiting up to date EPC data inspection.

Property construction: Standard
Parking: Shared Drive
Electricity supply: Mains
Water supply: Mains
Sewerage: Mains
Heating: Mains Gas
Council Tax Band: A
Broadband type: TBC - See Ofcom link for speed: Mobile signal/coverage: See Ofcom link
Local Authority: East Staffordshire Borough Council
Useful Websites:

Agent Details

Nicholas Humphreys, Burton-on-Trent

01283 243718

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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