3 Bed Flat For Sale Clay Corner, Chertsey, KT16

£400,000- Flat

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Last Updated: 24th March 2024

Description

Available to the market chain free we have this fantastic investment opportunity to purchase two apartments, which are currently let at £27,000 per annum - giving an excellent return on investment of 6.75 percent!\r
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The first floor apartment - Accommodation comprises a well proportioned open plan living room/kitchen with fitted units and integrated appliances. The bedroom is a good sized double room and boasts a modern three piece en-suite shower room. Let for £900.00pcm.\r
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The second floor apartment - Accommodation comprises of two bedrooms, the master being a good sized double bedroom with fitted wardrobes. The kitchen/diner is very spacious with a large bay window providing plenty of natural light and integrated appliances in the kitchen. The three piece bathroom has been fitted to a high standard with chrome fixtures and fittings. The property also boasts of a very large living space which has been converted from the loft space with features such as exposed brickwork and velux windows. Let for £1,350.00pcm.\r
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Further benefits include gas central heating to both units and double glazed windows throughout. There is communal parking nearby, Chertsey Railway Station within walking distance & Junction 11 on the M25 is moments away.\r
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Lease - Approx. 120 Years Remaining\r
Ground Rent - £200 Per Annum\r
Service Charge - Nil \r
Buildings Insurance - £550 per annum
Agent Details
Johnson & Jones Ltd
10 London Street, Chertsey, KT16 8AA
Show Contact Number
01932 560 777

Investment Analysis

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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