1 /7
£51,000
Station Terrace, Washington, NE37
- 2 beds
£51,000
- 2 beds
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Estimate monthly mortgage payment:
£233 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£2,550
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Riverside Residential offer to the sales market this 2 bedroom ground floor flat with private rear yard and good sized rooms, long lease and low maintenance charge (Peppercorn Lease) and with a long term tenant so excellent turn-key rental.
The property briefly comprises: large bright lounge with kitchen, 2 double bedrooms and a good sized bathroom, to the rear is a private yard offering great parking.
The current tenant has been exemplary and has been in the property 8 years and currently there is over an 11% yield so excellent return - no rent increase for a number of years so this could increase the yield also.
Entrance Hallway
Entrance via composite door into entrance hallway, radiator, storage cupboard
Lounge: 4.2m x 3.9m - 13'8" x 12'8"
Double glazed window, feature fireplace, radiator, laminate flooring
Kitchen: 3.8m x 2.2m - 12'5" x 7'3"
Range of wall and base units, heat stainless steel sink unit, plumbing for washing machine, UPVC double glazed window, UPVC double glazed door accessing rear yard, wall mounted gas fired combi boiler
Bathroom: 3.2m x 1.2m - 10'5" x 4'1"
Panel bath with shower attachment from taps, low flush WC, pedestal hand wash basin, bathroom cladding to bath and splash areas, radiator
Bedroom One: 3.2m x 2.4m - 10'5" x 7'11"
UPVC double glazed window, radiator
Bedroom Two: 4.1m x 2.1m - 13'7" x 6'10"
UPVC double glazed window, radiator
Externally
To the front is a wall enclosed forecourt to the rear is a open yard area, with space for off street car parking
Tenure: Leasehold (963 years)
Ground Rent: £10 per year
Service Charge: £0 per year
The property briefly comprises: large bright lounge with kitchen, 2 double bedrooms and a good sized bathroom, to the rear is a private yard offering great parking.
The current tenant has been exemplary and has been in the property 8 years and currently there is over an 11% yield so excellent return - no rent increase for a number of years so this could increase the yield also.
Entrance Hallway
Entrance via composite door into entrance hallway, radiator, storage cupboard
Lounge: 4.2m x 3.9m - 13'8" x 12'8"
Double glazed window, feature fireplace, radiator, laminate flooring
Kitchen: 3.8m x 2.2m - 12'5" x 7'3"
Range of wall and base units, heat stainless steel sink unit, plumbing for washing machine, UPVC double glazed window, UPVC double glazed door accessing rear yard, wall mounted gas fired combi boiler
Bathroom: 3.2m x 1.2m - 10'5" x 4'1"
Panel bath with shower attachment from taps, low flush WC, pedestal hand wash basin, bathroom cladding to bath and splash areas, radiator
Bedroom One: 3.2m x 2.4m - 10'5" x 7'11"
UPVC double glazed window, radiator
Bedroom Two: 4.1m x 2.1m - 13'7" x 6'10"
UPVC double glazed window, radiator
Externally
To the front is a wall enclosed forecourt to the rear is a open yard area, with space for off street car parking
Tenure: Leasehold (963 years)
Ground Rent: £10 per year
Service Charge: £0 per year
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Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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