4 Bed Flat For Sale
High Street, Newmarket
CB8 9AP
Added 31 Oct 2023
Property Details
Property Type
Flat
Bedrooms
4
Location
CB8
Description
An exciting opportunity to purchase a rental investment with a superb YIELD IN THE REGION OF 12%. Set within the heart of the town. Comprising three self contained apartments.
Arranged over the ground and lower ground floors, two 1 bedroom apartments and a 2 bedroom duplex.
Offered with vacant possession and NO ONWARD CHAIN.
Flat 1 - 4.76 x 3.75 (15'7" x 12'3" ) - Laid wooden style flooring, radiator and window to the side aspect.
Kitchen - Fitted with both eye and base level storage units and working tops over, inset stainless steel sink and drainer with mixer tap, integrated fridge/freezer, oven, electric hob and extractor hood and dishwasher. Window to the side aspect.
Bedroom 1 - 4.17 x 3.90 (13'8" x 12'9") - With radiator and window to the front aspect.
Bedroom 2 - 4.17 x 3.87 (13'8" x 12'8") - With radiator, window to the front aspect and storage cupboard.
Shower Room - With enclosed shower cubicle.
Cloakroom - Low level WC and wash basin with vanity under.
Flat 1A - 4.90 x 4.03 (16'0" x 13'2" ) - Laid wooden style flooring, radiator and bay fronted window to the front aspect.
Kitchen - Fitted with both eye and base level storage cupboards and working tops over, stainless steel inset sink and drainer with mixer tap, tiled splashback areas, integrated oven and electric hob with extractor fan, space and plumbing for fridge and washing machine.
Bedroom - 3.68 x 2.21 (12'0" x 7'3") - With radiator.
Bathroom - Three piece suit comprising of low level WC, wash basin with vanity under, enclosed shower cubicle and part tiled walls.
Flat 1B - 5.35 max x 4.00 (17'6" max x 13'1") - Fitted with both eye and base level storage units with working tops over, inset stainless steel sink and drainer with mixer tap, tiled splashback areas, integrated oven and electric hob with extractor hood, space and plumbing for fridge. Radiator and bay fronted window to the front aspect.
Bedroom - 2.69 x 2.26 (8'9" x 7'4") - With radiator and window to the rear aspect.
Bathroom - ( ) - Three piece suite comprising of low level WC, pedestal wash basin, enclosed shower cubicle and part tiled walls.
Agency Notes - Each apartment has 118 years.
Remaining on the respective leases.
Combined annual ground rent and maintenance of £700 per property.
Approx rental yield of 12%.
Location
Nearby Properties
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Listed by
Morris Armitage
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