Investment property - modern, ground floor flat let at £495 pcm

A modern, ground floor, purpose built, furnished flat conveniently situated near the Castle, Cumberland Infirmary and the City centre. The property was fully refurbished after the flood in December 2015 and is currently let on an Assured Shorthold Tenancy at £495 per month giving a potential yield of 12.5% at the middle of the guide. The flat has a telephone entry 'phone system, electric heating, covered parking and over 100 years remaining on the lease.

Tenure

See Legal Pack

Entrance Hall

Living Room / Kitchen - 17'3 x 16'9

with french windows into forecourt garden area and well fitted kitchen area with oven, hob and washing machine;

Bedroom 1 - 12'9 x 10'6

Bedroom 2 - 11'6 x 10'3

Bathroom - 6'6 x 6'3

with shower over bath, basin and WC.

Outside

Forecourt garden area and covered parking in adjoining communal garage.

Tenure

Long leasehold tenure - 125 years from 2001.

Viewing

Please telephone 01228 510552

Energy Efficiency Rating (EPC)

Current Rating C

Services

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

Local Authority

Carlisle City Council

Additional Fees

Administration Charge - £900 inc VAT payable on exchange of contracts.

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