This first-floor flat, located in Arnold, is being sold as a fantastic investment opportunity with a sitting tenant already in place. Please note that due to a defective lease and the freeholder being untraceable, the property is available to CASH BUYERS ONLY.
The flat offers spacious accommodation with two double bedrooms, making it a desirable choice for tenants. The entrance hall includes a convenient storage cupboard, while the lounge features an electric fire, creating a cosy atmosphere. The kitchen is equipped with a range of units, offering ample storage and workspace.
The bathroom includes a white suite, with a shower off the mixer taps for added convenience. Benefiting from combination gas central heating and UPVC double glazing, the property ensures warmth and energy efficiency.
Externally, the property has a garage situated beneath the flat, ideal for additional storage or parking. There is also access to a communal garden at the rear, providing outdoor space for the tenant.
Currently rented with the rent increasing to £650 pcm from October 2024, the property offers a gross yield of 8.66%, making it an attractive investment for those looking for a reliable income stream.
