Flat for sale in London SW16, 2 Bedroom

Investment opportunity for a New/Portfolio Landlord to acquire a well presented & maintained 100% Lease modern 2 bedroom ground floor purpose built flat with tenants-in-situ within a private residential development in a cul-de-sac close to all amenities.

This is a fantastic quiet location with free on-site parking and communal grounds. The property is literally 5 mins walk to Streatham Common station and local shops, with a decent EPC rating, smoke & heat alarms and a recently updated electric consumer unit with certification.

The Flat is Let to working tenants on an ast within a periodic term on a monthly rolling contract at £1,200 pcm with no arrears, the tenants are friendly and happy to continue renting under a new landlord.

Highlights and features:
• Lease 99 years from 16/12/1996
• 100% Lease being sold
• Property being sold with tenant-in-situ
• Service Charge £550 pa
• Ground Rent £50 pa
• Rental Value £1,200 pcm
• Ground Floor Location
• Double Glazed
• Electric Heating
• Hot water storage cylinder
• Laminate Flooring
• Neutral Decor
• Power Shower
• Nightlatch and Deadlocking front door
• Intercom communal door
• Storage cupboard
• Powered Timer Ventilation to Bathroom
• Free on-site parking
• Smoke and Heat Alarms
• Electric Installation and Condition Certificate
The Local Authority is Lambeth and the Council tax Band is C (£1,232 pa)
5 minutes walk to Streatham Common Station and local shops

Internal areas:
1. Entrance Hall
2. Bedroom 1 - Double
3. Bedroom 2 - Single
4. Storage Cupboard
5. Hot Water Cylinder Cupboard
6. Bathroom
7. Reception
8. Kitchen