This one bedroom apartment located in the heart of Ashford town centre is a 'ready-made investment' with a tenant in situ until October 2021, currently offering a rental yield of 5.6% with a rental income of £615pcm.
With the town centre and international station on your doorstep the location really does make for a perfect rental property.
Situated on the fourth floor of the building, with lift and stairwell access, there are far reaching views across the town towards to the North Downs and a balcony to enjoy too.
The accommodation itself comprises an entrance hallway with rooms leading off. An open plan living room/kitchen with balcony overlooking the town and with views stretching towards the North Downs. The kitchen area comprises a range of wall and base units with work surfaces over, a built-in electric oven, inset electric oven and extractor above and has space and plumbing for a washing machine. There is also room for a free-standing fridge/freezer.
The bedroom is a lovely generous size and offers plenty of space for bedroom furniture again with windows to the front looking out towards the North Downs. The main bathroom comprises a three-piece suite with bath and shower above, wash basin and wc.
Also off the hallway is a large storage cupboard.
LEASEINFORMATION We understand from the sellers the following lease and service change information:
Lease: 125 years from 2008 (Currently 113 years remaining)
Service Charge: £1385.44 per annum
Ground Rent: £250 per annum