A first floor two bedroom apartment with secure parking with a tenant providing an income of £750 pcm (£9,000 pa)

An opportunity to purchase an investment property currently to let for £750 pcm (£9,000 pa). The property offers a living room/kitchen with oven hob and extractor, master bedroom with en-suite shower, second bedroom and a bathroom. The apartment benefits from a gated secure parking space. The current owners have just found a new tenant who is moving in on the 12 July with a twelve month agreement. Market Deeping is located 9.2 miles north west of Peterborough. The town offers shopping and recreational facilities with more extensive facilities at Stamford and Peterborough both with rail links into London.

Tenure

Leasehold

Ground Floor

Ground floor communal entrance hall.

First Floor

Hall, Bedroom 1, En-Suite Shower, Living Room/Kitchen, Bedroom 2 and a Bathroom.

Outside

Secured parking space.

Lease details

Term: 999 years assigned 2019 Ground rent: £250 pa Service Charge: £950 pa.

Energy Efficiency Rating (EPC)

Current Rating D

Services

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

Local Authority

South Kesteven District Council. Tel: 01476 406080

Solicitors

Taylor Rose TTKW, Stuart House, St Johns Street, Peterborough, PE1 5DD, Ref: Navead Yousaf, Tel: 01733 333 333

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 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.