* Leasehold
* Why not try an offer?
* Buy to let investment opportunity
* Tenant already in place paying £7, 560 pa
* Attractive gross rental yield of 6. 30%
* No void period, rental income from day one
* Currently managed by chelton brown
* Modern first floor one bedroom apartment
* Walking distance to daventry town centre
* Council tax band of A, EPC rating of C
* Contact graham davidson to arrange to view
*** looking for A buy to let investment property? *** long standing tenant in
place paying £630 pcm *** producing A very healthy 6. 9% gross yield return ***
no void period so rental income from day one *** modern purpose built one
bedroom apartment ***
Are you a buy to let investor looking to increase your portfolio? Or maybe you
are new to buy to let investing and looking for your first investment
property? Either way, this one bedroom apartment within walking distance to
Daventry Town Centre would be perfect.
The property is currently tenanted on a standard AST (assured shorthold
tenancy) meaning the new landlord will benefit from rental income from day one
with no void period to worry about. The tenant is also very settled in the
home.
The current rent means that this property returns a very healthy 6. 9% pa gross
yield return. Market rent in the block of £675 pcm would increase this to 7. 4%
gross rental yield return pa>
Situated on the popular Royal Park Development on the edge of town the
property briefly comprises, entrance hall, open plan kitchen diner with fitted
washing machine and electric oven and hob, generously sized double bedroom
with built in wardrobes and bathroom with shower over bath. Further benefits
include double glazing through, secure access via intercom system and
allocated parking.
Lease term - 125 years From 2004 - 106 Years Remaining
Service Charge - £1260 per annum - £105 pcm
Ground Rent - £300 per annum - £75 per quarter
This information should be verified by your legal representative prior to the
exchange of contracts.
Currently the property is managed by Chelton Brown any potential investor has
peace of mind, safe in the knowledge that all certificates and documents are
in place.
**Open Plan Lounge/Kitchen (5. 8m x 3. 33m)**
Open plan kitchen dining area. Kitchen featuring fitted
washing machine, electric oven and hob, extractor and
space for a fridge freezer. In the lounge area is large
enough for a seating area and dining space.
**Bedroom (3. 6m x 2. 82m)**
Generous sized double bedroom with a window to side
and built in wardrobe space. Neutrally decorated.
**Bathroom**
Bathroom with white 3 piece suite benefiting from shower over bath

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