Large 2 bed INVESTMENT Flat for sale

  • Price: Offers in excess of £155,000
  • Location: Blagrove house, sn1 3dx
  • Property Type: Flat
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception: 1
  • Admin Fee: Currently let to a company tenant paying £1000pcm
  • Reference number: ashcox_1757658987

Property Description

Ashcox is pleased to offer this very large 2 double bedroom apartment in the heart of old Town. This 1st floor apartment on Newport Street, SN1 is a great rental investment opportunity  with 2 Double Bedrooms, a large open plan Lounge/Diner/Kitchen and Modern Bathroom. It also comes with an allocated off road parking space.

Currently rented to a long term corporate tenant, current market could see this property achieve in excess of £1000.00 PCM, close to 8% yield. It appeals to both business professionals as well as private individuals specifically interested in Old Town.

Part of its appeal is its proximity to a lot of local amenities and blue chip employers such as Nationwide and Intel, it is a spacious, low maintenance, low cost apartment in an enviable location with parking


Lease Length: 980 years remaining
Ground rent & Service charge: Approx £850.00 P.A
Building Insurance: Approx £200.00 P.A
Council Tax Band: B

Tenure  : Leasehold

  • Ground Rent  :  £200.00 pa
  • Service Charge  :  £695.00 pa
  • Length of Lease  :  999 Years

Council Tax Band  :  B

Amenities

  • Kitchen-Diner
  • Off-road Parking
  • Furnishing: Unfurnished
  • Open Plan Lounge
  • Tenure: Leasehold
  • Sale classification: Below Market Value
  • Fridge Freezer
  • Full Double Glazing
  • Washing Machine
  • Oven/Hob
  • Double Bedrooms

Location

Blagrove House, SN1 3DX

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