Tenure: Leasehold
A two bedroom ground floor flat situated in the popular Southgate area and conveniently located for local schools, shops, Town Centre & Station. The property briefly comprises; entrance hall with storage cupboard and study area, double bedroom with fitted wardrobes & single bedroom, bathroom with shower, lounge/diner and open plan fitted kitchen. Further benefits include double glazing, gas radiator heating and garage en-bloc. Ideal Investment/First Time Purchase. ** Can also be purchased with Tenant Insitu - Currently Achieves £1,050pcm - Gross Yield at 6.30% **
Lease Details (As Informed by Vendor)
Lease: 125 from 8th June 1982 (82 years remaining)
Service Charge: £925.90 pa (£77.16 per month)
Ground Rent: £5 pa
Travelling time to train stations
Crawley by car 6 mins - 1.6 miles | Crawley on Foot 24 mins - 1.1 miles (Source: Google maps)
Mains supplies
Gas | Electric | Water | Drainage
Media
To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker.
Information for investors
Current rental achieved £1,050pcm | Current gross yield 6.30%
Material information
Price: £199,950 | Tenure: Leasehold | Council Tax Band: Band B |EPC Rating: C
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
EPC rating: C. Council tax band: B, Tenure: Leasehold, Annual ground rent: £5, Annual service charge: £925.9, Service charge description: £462.95 paid half yearly
(£77.16 per month), Length of lease (remaining): 82 years 1 months, Mobile signal information: To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker.