The property is an ideal choice for landlords looking to add to their portfolio, as the current owner has successfully used the apartment within the busy rental market for several years.
The ground-floor accommodation comprises an entrance hallway with stairs rising to the first floor, a kitchen and a lounge/dining room.
The first floor houses one double bedroom and a single bedroom, both of which are served by the family bathroom.
TENURE
Leasehold 125 Years
Unexpired Years: 88 Years
Annual Ground Rent: £10
Ground Rent Increase: TBC
Ground Rent Review Period: TBC
Annual Service: £735
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
ADDITIONAL INFORMATION
Materials used in construction: Concrete
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Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.