Flat for sale in High Street, Newmarket CB8

Offers over £200,000
Interested in this property? Call +44 1638 318148 * or Request Details

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Flat for sale - 4 bedrooms

4

Tenure:
Leasehold
Time remaining on lease:
118 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Property features

  • Rental Investment Opportunity
  • Three Apartments
  • Located Close To Town Centre
  • No chain

Property description

**cash buyers**

An exciting opportunity to purchase a rental investment with a superb yield in the region of 12%. Set within the heart of the town. Comprising three self contained apartments.

Arranged over the ground and lower ground floors, two 1 bedroom apartments and a 2 bedroom duplex.

Offered with vacant possession and no onward chain.

Flat 1 (4.76 x 3.75 (15'7" x 12'3" ))

Laid wooden style flooring, radiator and window to the side aspect.

Kitchen

Fitted with both eye and base level storage units and working tops over, inset stainless steel sink and drainer with mixer tap, integrated fridge/freezer, oven, electric hob and extractor hood and dishwasher. Window to the side aspect.

Bedroom 1 (4.17 x 3.90 (13'8" x 12'9"))

With radiator and window to the front aspect.

Bedroom 2 (4.17 x 3.87 (13'8" x 12'8"))

With radiator, window to the front aspect and storage cupboard.

Shower Room

With enclosed shower cubicle.

Cloakroom

Low level WC and wash basin with vanity under.

Flat 1A (4.90 x 4.03 (16'0" x 13'2" ))

Laid wooden style flooring, radiator and bay fronted window to the front aspect.

Kitchen

Fitted with both eye and base level storage cupboards and working tops over, stainless steel inset sink and drainer with mixer tap, tiled splashback areas, integrated oven and electric hob with extractor fan, space and plumbing for fridge and washing machine.

Bedroom (3.68 x 2.21 (12'0" x 7'3"))

With radiator.

Bathroom

Three piece suit comprising of low level WC, wash basin with vanity under, enclosed shower cubicle and part tiled walls.

Flat 1B (5.35 max x 4.00 (17'6" max x 13'1"))

Fitted with both eye and base level storage units with working tops over, inset stainless steel sink and drainer with mixer tap, tiled splashback areas, integrated oven and electric hob with extractor hood, space and plumbing for fridge. Radiator and bay fronted window to the front aspect.

Bedroom (2.69 x 2.26 (8'9" x 7'4"))

With radiator and window to the rear aspect.

Bathroom (( ))

Three piece suite comprising of low level WC, pedestal wash basin, enclosed shower cubicle and part tiled walls.

Agency Notes

Each apartment has 118 years.

Remaining on the respective leases.

Combined annual ground rent and maintenance of £700 per property.

Approx rental yield of 12%.

Property info

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For more information about this property, please contact
Morris Armitage, CB8 on +44 1638 318148 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Morris Armitage, and do not constitute property particulars. Please contact Morris Armitage for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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