This 2-bedroom flat comes with a share of freehold and a 999-year lease from 1st July 1989, as advised by the vendors, with no set service charges and a ground rent of just £5 per annum. It is designated for residential use only, permitting long-term rentals but strictly no holiday lets. The grant of probate has been secured, making it stamp duty exempt. With a RICS valuation of £315,000 and a potential uplift to £345,000 with minor refurbishment, this 689 sq. ft. property is available for £260,000, cash or Bridge buyers only.

Key features:
- Magnificent far-reaching water & woodland views
- Share of Freehold
- Level access
- Nestled in its own private woodland
- Spacious sitting room with balcony
- Off-road parking for 1 car

The financials:
▪ Purchase price: £260,000
▪ Refurb costs: £15000
▪ GDV: £345,000
▪ ROCE: 17%
▪ Profit: 15%

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.