Albert Street, Tonbridge Wells £170,000
Currently Achieving 6% Rental Yield - Share of Freehold - brand new 999yr Underlying Lease - No Ground rent or Maintenance Fees - Tenant willing to stay with possible rent increase - PERFECT INVESTMENT PROPERTY with own Private Entrance and Garden, Share of freehold,
Currently Achieving 6% Rental Yield - Share of Freehold - brand new 999yr Underlying Lease - No Ground rent or Maintenance Fees - Tenant willing to stay with possible rent increase - PERFECT INVESTMENT PROPERTY!
With it's own private entrance to the rear of the house, this basement flat is a quiet little haven. Walk through your gate into your private share of the decked rear garden and into your flat. Offering a quirky and cool space inside, the flat has a large bedroom with large window well, good sized lounge, kitchen with appliances and bathroom with a bath and a shower as well as tonnes of natural light.
Location wise, Albert Street is a quiet residential street giving easy access to Tunbridge Wells town centre and is just a short walk from the mainline station. So if you're looking to be able to enjoy breakfast in the cafe, a wander around the boutiques and high street stores or an evening stroll to the pub, all of this can be found within less than a mile. For those who commute, services into London Charing Cross will get you to work in just under an hour.
The property is currently let on a rolling contact bringing in £850pcm.
The owner advises that the property will be sold with share of freehold and an underlying lease of 125 years. There is a peppercorn ground rent and no maintenance/service charges.
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- One Bedroom Flat
- Share of Freehold
- No Ground Rent or Charges
- Great Rental Investment
- Currently Achieving 6% Rental Yield
- Potential for Rent Increase
- Walking Distance to Station
- Close to Local Amenities
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Tonbridge Wells, Kent TN1 2QH