For sale

• INVESTMENT OPPORTUNITY
• ELECTRIC HEATING
• JUILET BALCONY
• FULLY FITTED KITCHEN

Investment Opportunity - Tenanted
A well-presented apartment located on Mystery Close which can be accessed from Wellington Road via Rexmore Way.
This quiet area is popular, with frequent public transport links and local and superstore shopping nearby.

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.



Open plan Lounge / Kitchen
Double glazed window to the side, wall mounted heater, double glazed door to the front. Fitted kitchen with wall and base units, work surfaces incorporating a sink with mixer tap and drainer, electric hob and oven, plumbing for washing machine.

Bedroom 1
Double glazed window to the front, carpet flooring, wall mounted heater.

Bedroom 2
Double glazed window to the front, carpet flooring, wall mounted heater.

Bathroom
Bath with mixer tap wash hand basin, W.C, wall mounted heater.

Service Charges & Ground rents
Service Charge: £1175.08 PA. Ground Rent: £194.55 PA.