INVESTMENT BUY PRODUCING A YIELD OF 4.8% WITH TENANT CURRENTLY IN SITU - A GOOD SIZED SPLIT LEVEL 3 BEDROOM FLAT OFFERING GENEROUS ACCOMMODATION ALONG WITH A SHARE OF THE FREEHOLD. This property would make a an ideal first home or buy to let and it is close to local shops and schools as well as the sea front and Old Town. On the top floor there are 2 bedrooms with an en-suite whilst on the first floor there is a good sized living room, fitted kitchen, family bathroom and a further bedroom. Early viewing is recommended and the flat also comes with no chain.
Entrance door to:- Hall Bedroom 2 13'8" (4.17m) x 9'1" (2.77m) Kitchen 9'6" (2.90m) x 7'7" (2.31m) Bathroom 7'4" (2.24m) x 5'7" (1.70m) Lounge 17'0" (5.18m) x 13'3" (4.04m) TOP FLOOR Landing Bedroom 1 12'4" (3.76m) x 9'0" (2.74m) En suite 8'0" (2.44m) x 5'10" (1.78m) Bedroom 3 9'2" (2.79m) x 7'10" (2.39m)
Lease - 984 years remaining Ground rent - £10 per annum No rises as peppercorn Share of Freehold Maintenance Charges - 50% of any cost on ad hoc basis
What this property offers
No Onward Chain
Stamp Duty Due
Based on a sale price of £225,000 the total amount of stamp duty payable will be:
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Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.