** TURN-KEY RENTAL INVESMENT WITH TENANCY OF £1250 PCM from 15th June 2024 until 14th June 2027, OFFERING A 10 % GROSS YIELD AT GUIDE** MODERN TWO DOUBLE BEDROOM APARTMENT LOCATED CLOSE TO AYLESBURY TRAIN STATION **

This modern two double bedroom 1st floor apartment would make an excellent turn-key rental investment, offering an instant gross yield of approximately 10% (at guide price). The property is currently tenanted from 15th June 2024 until 14th June 2027, generating a rental income of £1,250 per calendar month, providing potentially immediate and stable returns for investors. The apartment features a modern interior, allocated parking, and benefits from an unexpired lease term of approximately 89 years. Ideally located approximately 0.6 miles from Aylesbury railway station, the property is well positioned for commuters, making it a strong long-term rental prospect in a high-demand area.

Tenure

See Legal Pack

INSIDE

COMMUNAL ENTRANCE ENTRANCE HALL LOUNGE/KITCHEN OPEN PLAN LOUNGE AREA 14'7 X 13'9 KITCHEN AREA 8'9 X 8'1 BEDROOM ONE 12'10 X 12'0 BEDROOM TWO 8'10 X 8'0 BATHROOM 7'10 X 6'10

OUTSIDE

RESIDENT CAR PARK WITH ONE NUMBERED PARKING SPACE

LEASE DETAILS

With an unexpired lease term of approximately 89 years. We are informed by the seller there is a yearly ground rent of £325 and an annual service charge of £1860. Please refer to the legal pack for further clarification as these figures are intended as a guide and have not been verified.

Energy Efficiency Rating (EPC)

Current Rating C

Additional Fees

Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £1800 (£1500 plus vat)

Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).

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