Residential Investment - a contemporary first floor flat in Central Basildon - currently let producing £10,980 a year (£915 pcm)This well planned first floor flat situated in this contemporary block in Morello Quarter is let on an Assured Shorthold Tenancy currently producing £10,980 a year with the current Rental Value believed to be around £1,250 pcm (£15,000 pa). The flat benefits from a private patio area and a larger communal external seating area. There is also an allocated and secure under croft car parking space,Ground Floor Communal Entrance Reception with Secure Entry System. Lifts providing access to all floors and lower parking levels.First Floor Communal hallways leading from Stairs and Lifts to Personal entrance Door Cloakroom/WC Entrance Hall Lounge/Kitchen/Diner 28'8" x 16'11" (maximum) Bedroom 13'8" x 7'2" Patio Doors to Private Patio En-suite 7'3" x 7'2" External Private Patio 7'9" x 7'2" leading to Communal seating area.Secure Basement Allocated Car Parking Space (#344 on upper parking level)Council Tax Band BLeasehold Information Term: 125 years from 1 January 2009 (108 years remaining) Annual ground rent amount: Please refer to Legal Pack Ground rent review period: Please refer to Legal Pack Annual service charge amount: Please refer to Legal Pack Service charge review period: Please refer to Legal PackTenure: LeaseholdLease Details: 125 years from 01/01/2009EPC Rating: C

Portrait Video Tour

False

Energy Efficiency Rating (EPC)

Current Rating C

Additional Fees

Buyer's Premium - £1,200 inc VAT payable on exchange of contracts.

Administration Charge - Purchasers will be required to pay an administration fee of 0.6% inc VAT (Subject to a minimum of £900 inc VAT)

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