- Ground Floor Flat +
- Fully Refurbished +
- 999 Year Lease +
- Peppercorn Ground Rent +
- Ideal Investment +
- 8.4% Gross Yield (£700 PCM RENT) +
- EPC RATING C - Future Proof +
- Ideal for First Time Buyers +
- Leasehold Property +
- Council Tax Band A +
Newton fallowell are delighted to present this immaculate, newly refurbished two-bedroom ground floor flat, ideally situated with easy access to public transport links, nearby schools, local amenities, green spaces, walking routes, and parks. The property is listed for sale and would make an ideal purchase for first-time buyers or investors, particularly given its anticipated rent of £675 - £700 PCM, which offers an impressive 8.4% Gross Return on investment.
The property is in an impeccable condition, having been fully refurbished to the highest standards. As you enter through the private entrance door, you are greeted by a hallway and into the open plan lounge/kitchen, a unique feature that enhances the sense of space and light within the property. The kitchen comes complete with an integrated fridge, oven, hob, and extractor, and there's ample room for a dining area. The open plan arrangement allows you to entertain guests in the lounge while preparing meals, with a window to the front that floods the room with natural light. There's ample space for furniture, allowing you to personalise the space to your taste.
The flat boasts two bedrooms, one double and one single, offering versatile accommodation to suit your needs. Each bedroom has been tastefully decorated, providing a tranquil retreat at the end of the day. The property is serviced by a well-appointed bathroom featuring a bath with a shower over, a close-coupled toilet, a wash basin, and complimented by tasteful tiling.
An additional benefit to the property is the storage space. One cupboard also gives utility space for a washing machine keeping noise away from the living area during peaceful evenings at home.
The flat also benefits from a favourable EPC rating of 'C', meaning it already meets the new 2030 rental guidelines, making this an even more attractive proposition for those looking to invest. The property comes with a 999-year lease and a peppercorn ground rent. The service charges are approximately £33.00 PCM. Furthermore, if you choose Newton Fallowell as your managing agent, you will receive a 12-month rent guarantee and no setup costs on your first tenant find.
The council tax band for this dwelling is 'A', another factor that makes this flat an economically wise choice. It's also worth mentioning that this property is future-proof, making it an ideal buy-to-let option.
This flat has been tastefully refurbished and meticulously maintained, ready for you to move in without the need for any further work. Whether you're a first-time buyer looking for a stylish and comfortable home or an investor seeking a high-yielding asset, this property is a fantastic opportunity not to be missed.
EPC rating: C. Tenure: Leasehold,