Two Bedroom Purpose Built First Floor Apartment
An opportunity to acquire this investment opportunity which comprises of a two bedroom first floor purpose-built apartment set within a residential area within a cul-de-sac. The property benefits from intercom entry, UPVC double glazed windows and electric heating (not tested). In our opinion, the purchase would be an ideal turnkey investment opportunity, with a potential minimum income being generated of £9,600 per annum, equating to a monthly rental figure of £800 per calendar month.
The apartment is located within the popular area of Fairwater, set within a residential estate constructed in the 1990’s. There are a number of schools, shops and local amenities located nearby, with transport links to the City Centre. Good access is also provided to the A48/M4.
Ground Floor: Communal Hallway.
First Floor: Hallway, lounge/dining room with open reveal to kitchen, two bedrooms, bathroom.
Outside: Off road parking area
Tenure: Advised Leasehold with advised ground rent payable at £250 per annum
Council Tax Band - B
Viewings: Through Auction House Wales on 01633 212555
Tenure: Leasehold
Lease Details: 99 years from January 1990
EPC Rating: B
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.
£900 inc VAT payable on exchange of contracts.
1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Call the team on 01633 212 555 for more information
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.
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