- Two double bedroom ground floor apartment +
- Buy to let investment over 10% yeild +
- Currently tenanted producing £16,200 PA +
- Long lease of 155 year from 1.1.2007 +
- Allocated parking space +
- Guide price: £160,000 to £180,000 +
- For sale by livestream auction +
- Unless previously sold or withdrawn prior +
- 11:00am, Thursday 8th May 2025 +
SOLD AT AUCTION FOR £175,000
Two bedroom ground floor apartment currently let at £1,350 pcm
A great buy to let investment opportunity is this modern two double bedroom ground floor apartment built in 2007 being sold as a tenanted investment. Currently let on an AST until August 2025. The annual income is £16,200 which offers just over a 10% yield for an investor.
The property comprises an entrance hall, living room/dining room, kitchen, two double bedrooms and bathroom and benefits from an allocated parking space. There is also a long lease of with 137 years remaining.
Torkildsen Way is a residential area less than one mile from Harlow town centre where there is a vast range of amenities and good transport links with direct trains into London.
Accommodation Entrance hall, living room/dining room, kitchen, two bedrooms and a bathroom
Leasehold Information Term : 137 (years remaining)
Annual ground rent amount : £262.57
Annual service charge amount : £1871.67
Council Tax Band C
Tenure: Leasehold
Lease Details: 155 years from January 2007
EPC Rating: C
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1800 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.