2 Bedroom Flat House to Rent

Full Description

Being sold with no-onward chain and with a tenant in situation is this spacious, top floor apartment, in a convenient location, close to Crewe town centre and a number of major employers such as Bentley Motors and Leighton Hospital.

If you are first-time investor or a landlord with a large portfolio, purchasing a property with a tenant in situation has many advantages. They include rent from day one, no high letting fees or void periods whilst referencing is done to name a few.

The current tenants are paying £665 per month, which generates £7,980 per annum which based on a purchase at £80,000 is just shy of a 10%  yield on your investment. These apartments have proven popular amongst tenants since built in 2005 and there will always be demand for flats like this.

Council tax band: A, Tenure: Leasehold, Length of lease (remaining): 103 years 10 months, EPC rating: B Rooms Accommodation - The apartments have a communal front door each with intercom system and stairs to all floors, our apartment is on the top floor. Our subject property has an entrance hall, an open plan living / dining and kitchen area, two generous double bedrooms and family bathroom. There is also an allocated parking space outside. Lease Details - The lease is 125 years in length starting from the 1st of January 2005. The service charge is £95 pcm and the ground rent is £170 per annum paid in two payments every six months. Total charges each year is £1,310.