Ground floor apartment with the potential to be purchased with A sitting tenant currently paying £509pcm (6.8% yield) - close to various link loads (including the parkway and M1) and amenities - perfect for the investor, retiring couple of ftb - an absolute must view property
did you know?
Over the last 12 months, 447 properties have sold in S60. The average price of those properties was £182,422.*
about the property
Nestled in the corner of a modern development, 16 Georgian Mews is accessed via the main entrance door and is found immediately on the left.
A hallway opens to the accommodation. Going in a clockwise direction, and starting on the left, there is a good size second bedroom with uPVC double glazed window. The next door along from the hall is the master bedroom which benefits from storage.
To the right is a spacious lounge which has a modern semi-open play layout to the kitchen. The kitchen has base and wall mounted units, along with various fitted furniture and a window.
Finishing off, there is a bathroom with a 3 piece suite.
Outside, the property has its own allocated parking space, along with various visitor parking spaces.
Rooms and sizes
Lounge - 13'11" x 13'8" (4.3m x 4.2m)
Kitchen - 11' x 7'8" (3.4m x 2.3m)
Bedroom 1 - 13'3" x 11'2" (4m x 3.4m)
Bedroom 2 - 11'5" x 10'1" (3.5m x 3.1m)
Bathroom - 7'3" x 5'9" (2.2m x 1.8m)
directions
S60 5US for sat nav purposes.
Useful info
If the property were to be purchased as a buy to let investment, we would anticipate a monthly rental income of approximately £510 pcm.
Tenure
We understand the tenure to be Leasehold. The lease commenced in 2002 for a period of 125 years.
The annual ground rent is £50. There is a monthly service charge of £84.11.
Disclaimer
Whilst every effort has been made to make sure the measurements and details of the property are correct, we advise all prospective buyers to take them as indicative only.
*Source - Zoopla - correct at time particulars were taken.
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