Burwell Road, Eaton Ford, St. Neots, PE19 7QQ
£150,000
Key Information
Key Features
Description
** BUY TO LET OPPORTUNITY - TENANT IN RESIDENCE PAYING £600 PCM - GIVING GROSS RENTAL YIELD OF £600 PCM **
A one bedroom first floor flat in a sought after residential area in Eaton Ford. The accommodation comprises entrance hall, living room, kitchen, bedroom and bathroom. The property benefits from UPVC windows. Electric heating. Externally there is off road parking and communal gardens. There is a long lease with 962 years remaining and low service charge of £50 per month. The property is being sold with tenant in residence so is only suitable for a buy to let purchaser. No forward chain.
ENTRANCE HALL Entrance door leading to entrance hall. Intercom entry phone. Storage cupboard housing hot water cylinder. doors to living room, bedroom and bathroom.
LIVING ROOM 13' 5" x 10' 10" (4.09m x 3.3m) UPVC window to rear. Storage heater. TV and telephone point. Archway through to kitchen.
KITCHEN 8' 5" x 5' 7" (2.57m x 1.7m) Fitted kitchen comprising work surfaces with complimentary drawers and cupboards under. Wall mounted cupboards. Single bowl sink with mixer tap and tiled splash backs. Electric cooker point. Plumbing for washing machine. Tiled floor. UPVC windows to rear.
BEDROOM 10' 1" x 8' 3" (3.07m x 2.51m) UPVC window to side. Electric storage heater.
BATHROOM Three piece suite comprising low level WC, pedestal wash hand basin and panelled bath with shower over. Tiled splash backs. Extractor fan.
EXTERNAL Allocated parking space and maintained communal garden area.
LEASEHOLD INFORMATION The lease is 999 years from 01/01/1986 - 962 years remaining
There is no ground rent payable
The service charge is £600 per year for 2023. This is reviewed annually.
TENANCY DETAILS The property is currently rented under an Assured Shorthold Tenancy agreement until 27th July 2023 at a rent of £600 PCM giving a gross rental yield of 4.8%. The current tenant has been living here since 2011 and would like to stay longer term where possible.
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