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1 bedroom flat for sale

George House, Manor Road, Selsey, PO20

Sold STC £90,000

Property Description

Key features

  • Turn Key Investment Opportunity!
  • Upper Floor Apartment
  • 1 Double Bedroom
  • Living Room open plan to kitchen area
  • Bathroom
  • Allocated Parking
  • Presently Let at 575 pcm
  • Ground Rent 98 p.a.
  • Service Charge 1,275 p.a.
  • Great Investment with Tenant in situ

Full description

Tenure: Leasehold

A one bedroom upper floor flat situated within easy reach of High Street facilities and sea front.

The property is presently let for £575 per calendar month to a long term tenant whose present tenancy runs until September 2017.

This is an ideal first time buy to let opportunity with an excellent gross yield of just over 7.5%

The accommodation offers a double sized bedroom, bathroom with separate WC, lounge and kitchen and benefits from electric heating and UPVc double glazing.

99 year lease from 1984 with £98 p.a ground rent and present service charge of £1,275 p.a. including buildings insurance. We understand the lease can be extended if required.

Viewing:

STRICTLY BY APPOINTMENT THROUGH THIS OFFICE. Telephone 01243 607 809

Important Notice
For clarification, Astons of Sussex wish to inform prospective purchasers that these sales particulars have been prepared in good faith to give a fair overall view of the property. We have not undertaken a structural survey, nor tested that any of the services, appliances, equipment or facilities are in good working order. Any area, distances or measurements referred to are given as a GUIDE ONLY and should not be relied upon. If such details are fundamental to a purchase please contact this office for further information. All measurements are approximate and should not be relied upon for carpets or furnishings. Photographs within our detailed particulars/brochure may include lifestyle and or local views pictures. Also there may be internal/external photographs including chattels not included with the property for sale.


More information from this agent

Listing History

Added on Rightmove:
13 May 2017

Map & Street View

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