*Guide | £137,000 (plus fees)
- Flat
- 2 Bedrooms
- Tenure: Leasehold.
Call the team on 0333 358 2245 for more information
** SPACIOUS MODERN TWO BED FLAT IN REDHOUSE PARK ** GOOD DECORATIVE ORDER ** OFFERS CLOSE TO 11 % GROSS YIELD AT GUIDE ** 871 SQFT OF SPACE AND LONG LEASE **
This spacious and modern first-floor flat offers over 870 sq ft of well-proportioned accommodation and is presented in good decorative order throughout, making it an ideal investment opportunity. The property offers an estimated rental income of approximately £1,250 per calendar month and a gross rental yield of close to 11% based on the guide price. Features include a Juliet balcony, gas central heating, double glazing allocated parking and an unexpired lease term of 107 years. Situated in the sought-after Redhouse Park area, the property is conveniently located just a few miles from Milton Keynes Central and its wide range of shopping, leisure and transport amenities.
Tenure
Leasehold.
INSIDE
COMMUNAL ENTRANCE With intercom and stairs to all floors ENTRANCE HALL Intercom receiver, laminate floor, cupboard housing gas boiler, radiator, door to LOUNGE 19'0 X 14'0 Double glazed windows, double glazed door to juliet balcony, radiator. KITCHEN 17'6 X 6'5 Double glazed window, a range of high gloss units, with stainless steel sink, integrated oven, hob, filter hood and washing machine. Radiator. BEDROOM ONE 14'0 X 9'0 Double glazed window, radiator BEDROOM TWO 14'0 X 9'0 Double glazed window, radiator BATHROOM 7'0 X 6'5 Double glazed window, bath, sink, wc, tiled to splash areas, heated towel rail.
OUTSIDE
RESIDENT CAR PARK With gated entry and one allocated parking space
LEASE DETAILS
125 Year lease term with 107 years unexpired. SERVICE CHARGES AND GROUND RENT. The client informs us the annual service & estates charges are £2596 PA with a ground rent of £359.PA This is intended as a guide, please refer to the legal pack for further clarification.
Energy Efficiency Rating (EPC)
Current Rating B
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Milton Keynes Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £2000 (£2400 plus vat)
Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
