Overview
House for sale in Guildford, Surrey, GU1
Key Features:
- Excellent investment opportunity
- Five well-appointed apartments
- Fully-fitted kitchens with integrated appliances
- Double-glazing, underfloor heating, modern bathrooms
- Town centre location
- Assured Shorthold Tenancy - current rent passing of £4575 PCM
Investment opportunity to purchase the long leasehold interest of four one-bedroom and one two-bedroom apartments in Guildford Town Centre.
The apartments are finished to a good standard including fully fitted kitchens with integrated applinace including dishwashers, washer/dryer and fridges. Additional features include underfloor heating, carpeting throughout, downlighting, video entry phone system, smoke detectors. Other benefits include sealed unit double glazed windows, fully-tiled bathrooms with high pressure showers.
The apartments are currently let on Assured Shorthold Tenancies with a current gross rent passing of £4,750 per calendar month.
LEASE DETAILSRead more
Investment opportunity to purchase the long leasehold interest of four one-bedroom and one two-bedroom apartments in Guildford Town Centre.
The apartments are finished to a good standard including fully fitted kitchens with integrated applinace including dishwashers, washer/dryer and fridges. Additional features include underfloor heating, carpeting throughout, downlighting, video entry phone system, smoke detectors. Other benefits include sealed unit double glazed windows, fully-tiled bathrooms with high pressure showers.
The apartments are currently let on Assured Shorthold Tenancies with a current gross rent passing of £4,750 per calendar month.
LEASE DETAILS
TERM: BALANCE OF 999 YEAR LEASE, DATED 18 MARCH 2008
GROUND RENT: £1 PER ANNUM
BUILDINGS INSURANCE: £2,482.58 (INC VAT) (2022-2023)
SERVICE CHARGE: £300.02 (2020) and £181.66 (2021) - 42% APPORTIONMENT
EPC - RATING C - E
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Important information
This is not a Shared Ownership Property
This is a Leasehold Property
- The annual cost for the ground rent on this property is £
- The review period for the ground rent on this property is every year
- Ground rent on this property could increase by up to % at the end of every review period
- The annual service charges for this property is £