Flat for sale in Mill Flats, Trusthorpe LN12

# Investment property with tenant in situ.#

The property is currently rented at £450 per calendar month and so is it ready to go investment opportunity. It is also ideal for someone looking for an initial investment with the view that they could move into it themselves in the future.

This is a pleasant, economical recently renovated and ready to move into home to run.

Situated in the coastal village of Trusthorpe nestled between Mablethorpe and Sutton On Sea, giving access to both towns for all they have to off. The property is only a short stroll to the beach and sea.

Centrally heated and double glazed with the accommodation consisting of an entrance, lounge, kitchen, bedroom and bathroom.

Secure storage for bikes etc is located within the building to the rear.

Lease information: Lease commenced 1st of December 2006 for 99 years (82 years remaining)
Current Ground Rent £25 per year
Current Service Charge £295 per year payable 1st Jan

Visit to arrange a viewing or via the Purplebricks app.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

B

Annual Ground Rent

£25.00

Ground Rent Review Period

No review period

Annual Service Charge

£295.00

Service Charge Review Period

No review period

Lease End Date

01/12/2105

Disclaimer For Virtual Viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.