Tenanted investment opportunity. 2 bedroom second floor flat with balcony. Leasehold with 25 years remaining, located in the village of Allesley. Current rent payable £9,000 p.a., yield circa 15% p.a. an ideal investment opportunity.

ACCOMMODATION

SECOND FLOOR Hallway: Lounge/diner: 15 ft 8 in x 13 ft 1 in Kitchen: 8 ft 10 in x 8 ft 5 in Bedroom 1: 13 ft 11 in x 9 ft 11 in Bedroom 2: 11 ft 11 in x 9 ft 5 in Bathroom:

OUTSIDE

Communal garden and store. On street parking.

SERVICES AND HEATING

Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.) Gas central heating.

EPC RATING - D

COUNCIL TAX BAND - A

TENANCY

Assured Shorthold Tenancy Term: 12 months commencing 29/11/2021 (now rolling) Rent payable: £750 p.c.m.

TENURE

Leasehold with vacant possession. Term: 99 years from 24th June 1951 Ground rent: £5.00 p.a Service Charge: £300 for 6 months

ADDITIONAL COSTS

Administration Fee: £1,200 (£1,000 plus VAT) Buyer's Premium: £1,200 (£1,000 plus VAT) Please see the legal pack for any further costs

Additional Fees

Administration Charge - these fees are included in the above sales particulars.

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