Flat for sale in Cinderford GL14, 1 Bedroom

For sale by auction 26th March 2019. 12:30PM. Crown Plaza London Kensington, 100, Cromwell Road, London, SW7 4ER.
Tenanted one bedroom flat generating £6,600 per annum.
Situated in a quiet and desirable location, this one bedroom first floor flat currently let on an Assured Shorthold Tenancy Agreement generating £550 pcm and producing 10.1% yield based on this guide price.
The property comprises bedroom, bathroom, kitchen, lounge and has access to the garden and a parking space.

Accommodation:
First Floor
Bedroom, bathroom, kitchen, lounge.
Outside
Access to the garden and a parking space.

Leasehold Information
Length of lease: 99 years (new lease)
Ground rent: See legal pack
Service charge: £999 per annum
We are advised by the seller that there will be an option to purchase the Freehold in a separate sale.

EPC Rating D

Buyers Admin Fee Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyer's Admin Fee of £900 inc VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).