Goodchilds are pleased to present this one bedroom flat near Wellington Town Centre. Offering an 8% Gross Yield, a long term sitting tenant with excellent payment history and a whopping 992 years remaining on the lease. This fantastic investment property comprises of a lounge, kitchen, bedroom and en-suite bathroom. If you are looking to take your first steps towards being a landlord, contact us now on 01952 701019.
Stairs climb from the communal hallway to the flat. As you enter the property you walk into the hallway giving access to the lounge and kitchen.
Kitchen 2.67m x 2.67m (8'9" x 8'9")
Having a range of wall and base units with surfaces over. Complete with a freestanding oven, sink and drainer, extractor fan, plumbing and provisions for appliances, heating radiator and tiled flooring.
Lounge / Diner 4.34m x 3.48m (14'2" x 11'5")
Having ample space for furnishings with laminate flooring, window to the rear elevation, heating radiator, tv and socket points and door to the bedroom.
Bedroom 4.93m x 2.31m (16'2" x 7'6")
A double bedroom with windows to the rear and side aspect, heating radiator and with storage cupboard housing the boiler.
Bathroom 2.03m x 2.62m (6'7" x 8'7")
Comprising of a panel bath, shower enclosure, close coupled toilet and wash basin. Complete with complimentary tiling.
This property is a leasehold property.
The ground rent payable per annum is £25.00.
There is no service charge although all dwellings within have to contribute towards maintenance when required.
There are 992 years remaining on the lease.
The current tenant pays a rent of £400 per month due on the 2nd of each month.
Agents Disclaimer and Referral Fee Notice
AGENTS DISCLAIMER & REFERRAL FEE NOTICE:
1. While we endeavour to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact our office in Wellington and we will try to check the information for you. The information in these property details is believed to be accurate but Goodchild's does not give, nor does any Partner or employee have authority to give, any warranty as to the accuracy of any statement, written, verbal or visual. You should not rely on any information contained herein. If you wish to ask a specific question about this property, please speak to the sales advisor, who has inspected the property.
2. Please note that we have not tested the equipment/appliances and services in the property. Interested applicants are advised to commission the appropriate investigations before formulating their offer to purchase.
3. Our room sizes are quoted in metres on a wall-to-wall basis to the nearest one tenth of a metre. The imperial equivalent (included in brackets and correct to within 3 inches) is only intended as an approximate guide for those not yet conversant with metric measurements. Measurements should not be used for ordering fitments or new carpets etc.
4. Goodchild's Estate Agents & Newton Fallowell Group provide a range of services to buyers, although you are free to use any alternative provider. For more information simply speak to someone in our branch today. We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of up to £300, if you take out a mortgage through them. If you require a solicitor to handle your purchase we can refer you on to Movewithus conveyancing. We may receive a fee of £300 for sale and purchase, if you use their services.