1 Bed Flat For Sale Fontwell Road, Burton-on-Trent, DE14

£90,000- Flat

1 of 6
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Last Updated: 13th March 2024

Description

** NO CHAIN ** With a net yield of approx. 6% and a tenant in situ this one bedroom apartment offers a great investment opportunity. Well positioned in a quiet cul-de-sac and popular residential location with excellent access to a variety of amenities.

Communal Entrance
The apartment is situated on the first floor and access to the building is via a communal entry on the ground floor.

Hall
Access to all rooms, Electric storage heater, two storage cupboards.

Lounge
4.64m (15'3\") x 2.95m (9'8\")
Double glazed window to the front, electric storage heater

Kitchen
3.59m (11'9\") x 2.20m (7'3\")
Fitted with a matching range of base and eye level units, stainless steel sink with single drainer, space for fridge/freezer and washing machine, freestanding cooker, double glazed window to the rear.

Bedroom
3.73m (12'3\") x 2.66m (8'9\")
Double glazed window to the rear overlooking the car park and communal gardens.

Bathroom
2.44m (7' 11\") x 1.55m (5'1\")
Double glazed window to side. Fitted with a three piece suite comprising corner shower, low level WC and wash hand basin.

Tenure
Leasehold
Service charge & Ground Rent £80 pm / £960 pa
Term: 999 years from 29 September 1993

Tenancy:
Please note that the property is to be sold with a tenant in situ. Current rent £525.00 pcm.

BUYER INFORMATION PACKS
The Seller of this property has provided a detailed ‘Buyer Information Pack’ which contains additional information about this property. Please ask us for access to this pack.

RESERVATION AGREEMENTS
This seller of this property is prepared to offer a ‘Reservation Agreement’ to show their commitment to protect any serious buyer while proceeding to exchange of contracts.
Agent Details
Sure Sales & Lettings
Eastgate Business Centre, Eastern Avenue, Burton-on-trent, DE13 0AT
Show Contact Number
01283 537 120

Investment Analysis

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Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested