2 Bed Flat For Sale

INVESTMENT OPPORTUNITY:



A two bedroom second floor apartment, tenanted for the past 18 years by the same tenant, is now offered for sale by ABC Property Shop. 



Giving a gross return on investment of 7.76% (based on a purchase price of £75k), this property is a great addition to any portfolio.



Current passing rent: £485.00 per month 
Service charge: £293.77 per quarter
Licence: This property is in a selective licensing area
Leasehold. 110 Years Remaining.



Situated just off Wellington Road via Rexmore Way, Mystery Close is a quiet development consisting of a small number of apartments and houses. 



Close to all local amenities and with frequent public transport links.



The apartments are divided into small blocks, each with intercom access to the communal areas which house the meter cupboards and staircases to all floors, is heated by way of wall mounted storage heater giving the property an energy rating of C.



Car park to the rear with no specific allocated parking but with sufficient space for one parking space per flat.