Offers in excess of
£120,000
1 bedroom flat for sale
Bell Street, Sawbridgeworth, CM21
Key features
- Studio Flat
- Central Location
- Light & Airy
- Allocated Parking
- Sold with a Tenant in Situ
- Potential Rental Income £850PCM
- EPC Rating C
- Council Tax Band A
Floor plan
Property description
INVESTMENT PURCHASE - NET YIELD 7.26%. First floor studio apartment situated within a central position in the heart of Sawbridgeworth moments away from Bell Street. The property offers an entrance hall, large open plan kitchen and lounge and a separate family bathroom. Outside offers an allocated parking space.
The property is currently rented for £820pcm and generating a net yield in excess of 7%.
There are remaining 149 years left on the lease, service charge is £90 per month and ground rent is £50 per annum.
EPC Band C. Council Tax Band A.
Lease, ground rent and maintenance details have been provided by the seller, but their accuracy cannot be guaranteed, as we may not have seen a copy of the original lease. Should you proceed with the purchase of this property, lease details must be verified by your solicitor.
BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 plus VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.
REFERRAL FEES
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Intercounty.
The property | ||||
---|---|---|---|---|
Studio | 4.6m x 3.58m | |||
Bathroom | 2m x 1.5m |
EPC
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
69Potential
74CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
N/APotential
N/AMortgage calculator
Your payment
Borrowing £108,000 and repaying over 25 years with a 2.5% interest rate.
Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.
Book a mortgage appointmentStamp duty calculator
This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax click here.