* Leasehold
* Studio apartment
* Great investment opportunity
* Allocated parking
* Close to amenities
* Communal outside space
A smart purpose built studio flat which is situated on the ground floor. The
property enjoys a cul de sac location on the outskirts of Clevedon.
The accommodation consists of a bed/sitting room, separate fitted kitchen,
individual dressing area and a shower room. The flat also benefits from a
recently upgraded electric heating system.
The property also has use of communal outside space - it's a small area of
lawn but ideal for a place to sit and relax during the summer months. There is
also an allocated parking space found close by.
This type of property is often very popular with buy to let investors. The
property would achieve an estimated rent of £525 per calendar month in it's
current condition, based on this we estimate the gross rental yield will be in
the region of 7%.
Please note: We understand that the remaining lease term is in the region of
78 years. We are aware this length of lease may not be suitable to some
mortgage lenders but understand that the lease can be extended during the
buying process if required. Please ask us for more information.
**Lease Information**
Length of Lease = 120 years from 1/7/1981
Ground rent - £175. 00 pa
Estimated service charge - £35. 00 pcm
Insurance approx £140. 00 pa
We understand that the remaining lease term is in the region of 78 years. We
are aware this length of lease may not be suitable to some mortgage lenders
but understand that the lease can be extended during the buying process if
required. Please ask us for more information.
This information has been supplied by the vendor at the time of marketing and
is correct to the best of our knowledge. We would recommend that any
interested party seeks verification of this information from their solicitor
prior to purchase.
**Utilities**
Electric heating
Mains drainage
This information has been provided by the sellers and is correct to the best
of our knowledge
**Broadband**
Ultrafast broadband available with highest available download speed 1000 Mbps
and highest available upload speed 1000 Mbps.
This information is sourced via , we advise you make your own enquires
**Construction**
Standard Construction
This information has been provided by the sellers and is correct to the best
of our knowledge

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