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Beacon Street, Lichfield, WS13 7BG - No Upward Chain

PROPERTY TYPE

Ground Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • A POTENTIAL 7.3% ANNUAL YIELD FOR ANY INVESTORS!
  • Two Bedroom Ground Floor Flat
  • No Upward Chain
  • Great Location Close To Lichfield Centre
  • Communal Garden
  • Fitted Kitchen & Separate Living Diner
  • EPC Rating: C
  • Council Tax Band: B

Description

CALLING ALL INVESTORS!!! This really is the perfect potential buy to let property, with the potential to be earning over a 7.3% annual yield, and yes, that's after leasehold fees have been taken into consideration! This GROUND FLOOR two bedroom flat comes to the market with NO UPWARD CHAIN and having the added benefit of low leasehold fees, meaning it's much more affordable than most apartments. Sitting close to Morrisons, Beacon Park and Lichfield Cathedral and with great access to the city centre, it's safe to say that this is positioned in a very convenient spot. The accommodation comprises an entrance hall, lounge diner, kitchen, two bedrooms and a shower room. There is also a tarmacadam communal courtyard to the rear. A must view property for anyone looking for a buy to let, don't miss out and book in an early viewing!

Entrance Hall

A door opens into a welcoming entrance hall fitted with a radiator, wood effect flooring, useful storage room and access into bedrooms and bathroom.

Living Diner

The living dining room is fitted with rear-facing UPVC double glazed window, a radiator and wood-effect flooring. 

Kitchen

The kitchen is fitted with matching base cabinets and wall units whilst there is a one bowl stainless steel sink with chrome mixer tap, there is a four ring gas hob with extractor hood above and oven below. There is space and plumbing for washing machine, fridge freezer. The room is finished off with a rear facing UPVC double glazed window, wood-effect flooring and the room also houses the boiler. 

Master Bedroom

The master double bedroom is fitted with front-facing UPVC double glazed window and a radiator. 

Bedroom Two

A further bedroom is fitted with front facing UPVC double glazed window and a radiator. 

Bathroom

The family bathroom is fitted with a low-level flush WC, a vanity storage unit with wash hand basin and chrome taps. There is a bathtub with chrome taps and shower over. The room is finished off with part tiled walls, a front facing UPVC double glazed window, a radiator and wood-effect flooring. 

Tenure

The property is leasehold with a term of 101 years remaining. There is a £10 ground rent per year and the service charge is  £25.05 per month All tenure information provided is in good faith only and should ultimately be verified by any prospective buyer's solicitor.

Exterior

To the rear of the property is a communal tarmacadam courtyard area, ideal for outdoor seating, entertaining, and drying washing.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Communal garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Beacon Street, Lichfield, WS13 7BG - No Upward Chain

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About Andrew Downing-Booth Estate Agents, Lichfield

6-8 City Arcade, Lichfield, WS13 6LY
Industry affiliations:

Andrew Downing-Booth Estate Agents specialise in residential sales and auctions and offer a service with a personal touch. Our experienced team offer friendly and local knowledge covering Lichfield and the surrounding area. We are passionate about our local area and strive to offer the best advice gained from our many years of experience. It is our aim to make your property stand out from the crowd in order to attract the best buyer at the best price. As an entirely independent estate agency, we have a commitment to customer satisfaction and are able to offer a personal, tailored service to each and every client. Let us be the helping hand you need to guide you on the journey to your new dream home.

Affordability

Monthly repayments£677
Property: £ 135,000
Deposit: £ 13,500
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference S1690375. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrew Downing-Booth Estate Agents, Lichfield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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