£140,000
Eton Court
- 2 beds
£140,000
- 2 beds
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## INVESTMENT PROPERTY AND BEING SOLD WITH TENANT IN SITU ##
Pure Investor is delighted to bring to the market this two-bedroom apartment for sale at Eton Court, Hartford, Northwich. The property comprises of entrance hallway, lounge/diner, kitchen, two bedrooms, family bathroom, en-suite and wardrobe space. Outside the property are communal shared gardens and an allocated parking space. The property is being sold with the current tenant in situ where there is scope to possibly increase the rental income to bring it in line with the current market rate.
The property offers buyers the chance to purchase an apartment with low service and ground rent charges and a long healthy lease which is rare in the UK currently. There is a manging agent in place currently who would be happy to continue managing the property once a purchase has concluded.
INVESTMENT INFORMATION
- Offers over: £140,000.00
- Current rental income: £667.00pcm (£8,004.00pa)
- Current gross yield: 5.7%
Monthly management fee: 10%
- Service charge: £858.36pa
- Ground rent: £67.00pa
- Outgoing costs: £1,725.76pa
- Current net yield: 4.9%
Potential rental income: £850.00pcm (£10,200.00pa)
- Outgoing costs: £1,725.76pa
- Net Income: £8,474.24pa
- Net yield: 6.0%
Tenure: Leasehold (981 years remaining)
- EPC: C
- Top floor apartment
- Parking space included
- Current tenants on a rolling contract. Been in situ for around three years.
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