Key info
1Bedrooms
1Bathrooms
2 sqmSize
Property description
Strategy: Cash Buyers
Great Investment opportunity for CASH BUYERS ONLY**
Student Accommodation - Already Rented with one year rent upfront. Average earning around £500 Per month. Kitchen area Fitted with wall and base units with work surfaces and splashbacks, fridge freezer, electric oven and hob, sink unit with mixer tap, space for table and chairs
bedroom/study Fitted with shelving and a desk unit, space for double bed, window to the side, electric heater. Shower room Fully enclosed and tiled shower unit, pedestal wash hand basin and WC.
Rental income for the financial year 2021-2022 was £7,851.04
The service charge for the same financial year was £1972.27
Management fees are 4% plus VAT which equates to £375.36 for the same financial year.
Ground rent was £283.54
Rent has increased over the years but this is an example from 2021.
Lease - 239 years remaining
Sourced reference: 152727401
Location
Disclaimer
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.
Sales Agent
Garrisons Estate
London
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