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New Street, Ashford TN24 8TN

£75,000

1 Bedroom 1 Bathroom 1 Reception

Description

A one-bedroom top floor apartment situated within the heart of Ashford Town Centre, recently rented under an AST achieving £595pcm (a rental yield of 7.9%) offers a fantastic investment opportunity! Cash buyers only due to a short lease.

Attention all investors! Available for sale is this one bedroom apartment, currently let out on AST until May 2020 achieving a rental of £595pcm (7.9% yield). Available to cash buyers only due to a short lease. This is a fantastic opportunity to purchase such a great investment property.

Situated in the heart of Ashford Town Centre is this one bedroom top-floor apartment. The property is only available to cash buyers to the lease sitting at only 68 years remaining. Accessed via a communal hallway and staircase, the property occupies the second floor of this converted building and comprises an open plan lounge/kitchen, bedroom and shower room. The property is in good order throughout and has only recently had some works completed to improve and update the electrical circuits.
We understand the current tenant would be willing to stay after the current fixed term.
LEASE INFORMATION We are informed of the following lease and service charge information:
Lease - 68 years remaining
Service Charges - £300 per annum
Ground Rent £50 per annum
AGENTS NOTE Please note that the internal photographs shown are from before the current tenant moved in, in respect of the current tenants privacy. Internal viewings are allowed and to be arranged strictly via ourselves.

Key Features

One bedroom top floor apartment
Recently rented under an AST
Previous tenant paying £595pcm (7.9% rental yield)
Short lease - 68 years remaining
CASH buyers only due to short lease
No onward chain
Open plan kitchen/lounge
Located in the heart of Ashford Town Centre

Materials

Location New Street, Ashford TN24 8TN

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