Below Market Value Property Poole Dorset With 5 Year Lease In Place

Surface size

Bedrooms

2

Bathrooms


East London

11/08/2021

Details
Region: Central London
City: East London
Category: Property for Sale
Seller type: Agency
Property type: Flat
Number of bedrooms: 2
Date: 11/08/2021

Description
Below Market Value Property 2 Bed Flat 5 YEAR LEASE AVAILABLE - LONG-TERM TENANCY WITH UK GOV. BACKED FOR 5 YRS Dorset, BH15 Market Appraisal £160,000 Purchase Price: £130,000 Instant Equity £30,000 Discount 19% Two Double Bedroom Flat Refurbished last year Rent £900pcm 8.3% Yield You must be able to move fast on this deal! Property Description 2 Double bedroom flat with GFCH, one reception and one bathroom. Refurbished last year. Location: Excellent Poole Town Centre location and close to the beach Lease Remaining: Extending to 125 years. Service charge: 1968 yearly Ground Rent: £150 yearly Currently vacant however there is :- 5 YEAR LEASE AVAILABLE - LONG TERM TENANCY WITH UK GOV. BACKED FOR 5 YR THIS GOVERNMENT BACK COMPANY DEAL WITH BILLS IE UTILITY AND COUNCIL TAX. WE WOULD SUGGEST CASH OR BRIDGING PURCHASE, THEN FINANCE OUT IN 6 MONTHS - WE KNOW OF 3 LENDERS THAT WILL LEND ON THIS LEASE. Comparable - a one-bed flat valued at £155,000 on the same road. Sourcing fees apply

2 Bds - Ba - m2

Below Market Value Property Poole Dorset With 5 Year Lease In Place

East London

11/08/2021

Seller information
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AD ID 7224

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