A slightly unusual
one here which will appeal to people who only buy at the very top end in terms
of area – and who are interested in the potential for appreciation more than
monthly return. This is a 1 bed apartment in a gated development on The Avenue,
Dallington – generally considered to be one of the most upmarket roads in the
town. It’s in a building that contains 10 apartments set around a garden area
and is maintained to a high standard. Most residents are owners although it’s
not a retirement development, that’s the age range it attracts. The building
has a secure car park for residents use. The flat is first floor with its own private entrance.
We’ve had the
property rented for 7 years at around the £600 per month mark – it’s got some
basic furnishings in it such as bed and sofa – and has tended to attract
contractors who are in the area for work and want to live somewhere a little
more select than usual. Void periods over 7 years are negligible.
Key figures are:
Asking
Price
|
£129,995
|
Lease
Length
|
110
years
|
Annual
Charges
|
£1200
per annum
|
Rental
Potential (furnished)
|
£625.00
|
Works required are negligible
– I’d stick a new front door on it, but that’s just me!
If you’re
interested, please pop me an email. The property is empty and available to view
without delay. richard.baker@belvoir.co.uk
