A recently converted ground floor studio with parking and let at £5400 per annum.

Tucked away in the heart of this historic village is this ground floor studio apartment which was converted from a garage within the last year under Planning Application No. B/16/00799 with Babergh District Council. It’s fair to say that this is probably the most compact residential property in the vicinity but it’s offered for sale with its own parking space and on a new 999 year lease. The property has been let on a 12 month AST which expires in July 2018 and with a rent of £450 per calendar month, offers an excellent 9% annual return based on the low Guide Price. An investment not to be missed.

Tenure

Leasehold

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Babergh District Council. Tel: 01473 826622

Solicitors

Birketts Solicitors, Brierly Place, New London Road, Chelmsford, Essex CM2 0AP, Ref: Amanda Early, Tel: 01245 211323

Additional Fees

Administration Charge - 0.3% including VAT subject to a minimum of £840.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.