Flat for sale in Luton Road, Chatham ME4
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Property features
- Perfect Investment
- Current Yield 6.9%
- Potential Yield 8.3%
- Longstanding Tenant In Situ
- Service Charge £100 per annum
- Ground Rent £650 per annum
- Lease Terms Remaining Approx 100 Years
- EPC 76C
- Council Tax Band A
Property description
**great investment** **6.9% current yield** **8.3% potential yield**
New to market is this spacious one bedroom ground floor apartment being sold with a tenant in situ.
The current rent on the property creates a yield of 6.9%, however given market rent, there is potential to increase this to an 8.3% yield.
The property comprises of a double bedroom, spacious lounge, kitchen and bathroom. The property is in a central location close to all local amenities.
The Ground Rent is £650 per annum. The Service Charge is £100 per annum. Lease term remaining is approx 100 years.
Council Tax Band A. EPC 76C
Property info
For more information about this property, please contact
RedDoor Homes, ME1 on +44 1634 215105 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by RedDoor Homes, and do not constitute property particulars. Please contact RedDoor Homes for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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