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** IDEAL INVESTMENT FLAT, RENTAL VALUE OF AROUND £1300 PCM, UP 9 % GROSS YIELD ** 978 YEAR LEASE. ** SOUGHT AFTER WESTFROFT AREA ** HIGH SPECIFICATION **
This chain-free, modern first-floor apartment is situated in the highly desirable Westcroft area, just a few miles south of Milton Keynes Central. Offering approximately 570 sq ft of accommodation, the property features a bright and spacious open-plan living and kitchen area with a Juliet balcony, two generous double bedrooms, with the principal bedroom also benefiting from a Juliet balcony, and a modern bathroom. Additional benefits include double glazing, gas central heating, allocated parking, and an exceptionally long remaining lease of approximately 978 years. With an estimated rental income of around £1,300 PCM, the property has the potential to achieve a gross rental yield in excess of 9%, making it an excellent opportunity for buy-to-let investors or those seeking a strong long-term investment.
Tenure
Leasehold.
INSIDE
COMMUNAL ENTRANCE With intercom system, stairs to all floors, door to car park. The property is situated on the 1st floor. ENTRANCE HALL Front door, two storage cupboards, door to OPEN PLAN LOUNGE/KITCHEN LOUNGE AREA 15'2 X 14'10 Please note measurements taken at widest points due to the irregular room shape. Double glazed window, double glazed door to Juliet Balcony, radiator, open to: KITCHEN AREA 12'5 X 8'3 Double glazed window, range of fitted wall and base units, stainless steel sink with mixer tap, tiled splashbacks, integrated oven, hob and filter hood. Space for further appliances. Gas boiler. BEDROOM ONE 11'7 X 11'5 Double glazed window, radiator, integrated wardrobes BEDROOM TWO 12'5 X 7'0 Double glazed window, radiator.
OUTSIDE
PARKING There is a resident car park to the rear, with numbered spaces and visitor parking, please review the lease in the legal pack to verify parking rights.
LEASE DETAILS
With an unexpired lease term of 978 years. SERVICE CHARGES AND GROUND RENT : Our client has been unable to provide this information to us because they are an Asset Management Company with limited knowledge of this property. Because of this we are unable to provide figures relative to the current charges applicable to this property.
PARTICULARS NOTE
Please note some images have been digitally enhanced to remove personal items
Energy Efficiency Rating (EPC)
Current Rating C
Local Authority
Buckinghamshire County Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge -
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.