Studio for sale

Balliol Road, Daventry NN11

*** buy to let investment *** This tenanted studio flat is For Sale. Currently achieving £500pcm and between 9% to10% gross yield. With a lovely lady tenant, this compact studio flat, set on the first floor and located in the Stefan Hill area of Daventry would be a great investment. Lease length is 78 years so Cash buyers look to be the best option. No management fees, just ground rent currently set at £119 per annum. With living area/bedroom, kitchen, inner hallway/dressing area and shower room. £67,500. EPC C. C/Tax band A. No chain.

Living Area - 4.44m x 2.64m (14'7" x 8'8")

With uPVc double glazed window to front aspect, openings to kitchen and hallway/dressing area. T.V Ariel point.

Kitchen - 2.62m x 1.78m (8'7" x 5'10")

With a range of base and wall mounted units. Sink, space for cooker, washing machine and Fridge Freezer. UPVC double glazed window to side aspect.

Inner Hallway/Dressing Room

With doors to storage and sliding door to Shower room

Shower Room - 2.62m x 1.19m (8'7" x 3'11")

With shower cubicle and shower over, wash basin, low flush W.C and tiled splash backs.
General information -

Tenure: We understand from the vendors that the property is Leasehold with 78 yrs remaining on the lease, sold with either tenant in situ or vacant possession on completion. Ground Rent £119 per annum. Building insurance £210 per annum.

Services: All mains’ services apart from gas are connected but not tested. The telephone is available subject to the appropriate telephone company’s regulations. Skilton & Hogg have not tested any apparatus, equipment, fittings, etc, or services to this property, so cannot confirm they are in working order or fit for the purpose. A buyer is recommended to obtain confirmation from their surveyor or Solicitor.

Property build type: We are advised that the property is of Standard construction - Brick with Slate/tile roof. Broadband: Is available according to public records. Buyers are advised to check before purchasing. A buyers property guide is available online with further information.
Local authority: Daventry council tax band: A. Energy performace rating: C. Flood risk - Very Low
fixtures and fittings: Only those as mentioned in these details will be included in the sale.
Measurements: The measurements provided are given as a general guide only and are all approximate.
Viewing: By prior appointment through the Sole Agents