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£80,000 O.I.E.O

3 Bedroom Ground Floor Flat

Stoneyvale Court, Queensway, OL11 1SU

Key Features

  • three bedrooms
  • ground floor apartment
  • rental income of £525
  • ideal btl investment
  • upvc windows & doors
  • private enclosed gardens to front & rear
  • gas combi central heating
  • rent guarantee & legal protection transferable with martin & co management
  • 7.88% gross yield
  • early viewings recommended
  • council tax: a

Property Description

SUMMARY
Martin & Co are delighted to offer an ideal opportunity to purchase a Tenanted, Three Bedroom, Ground Floor Apartment generating a 7.4% Gross Yield with private enclosed gardens to the front and rear.

The apartment comprises of an entrance hallway, lounge, three bedrooms, shower room and kitchen.

Martin & Co currently manage the apartment and can therefore facilitate a smooth transfer of tenancy to the new landlord. By retaining our fully management service the Rent Guarantee & Legal Protection Insurance currently in place can also transfer with the property / tenancy, reducing any concerns the buyer may have over a sitting tenant. Indeed this is a great investment with no void period and rent received from day one / completion of sale.

Early viewings recommended! 

VIDEO WALKTHROUGH
Please click on the video tour tab to watch a walkthrough of the apartment / outside. 

HALL
Neutral decor, karndean flooring, UPVC door, radiator  

LOUNGE 16' 0" x 12' 5" (4.88m x 3.78m)
Neutral decor, karndean flooring, feature wall mounted electric fire, radiator, UPVC window, vertical blinds 

KITCHEN/BREAKFAST ROOM 10' 9" x 12' 3" (3.28m x 3.73m)
Neutral decor, a range of modern wall and base units, stainless steel sink, integrated dishwasher, five ring gas hob, double oven and extractor fan, UPVC window, radiator  

BEDROOM ONE 10' 8" x 11' 4" (3.25m x 3.45m)
Neutral decor, carpet, UPVC window, radiator  

BEDROOM TWO 8' 8" x 14' 0" (2.64m x 4.27m)
Neutral decor, carpet, UPVC window, radiator  

BEDROOM THREE 7' 2" x 11' 4" (2.18m x 3.45m)
Neutral decor, laminate flooring, UPVC window, radiator  

SHOWER ROOM 7' 8" x 5' 7" (2.34m x 1.7m)
Tiled walls, white toilet and wash hand basin, shower cubicle, chrome towel rail / heater, UPVC window 

EXTERNAL
Private courtyards to the front and rear, unallocated off road parking  

LEASEHOLD INFORMATION
There are 109 years remaining on the lease. The service charge is approximately £456pa and the ground rent is £10pa 

CERTIFICATES IN PLACE
Gas Safety Certificate
Electrical Inspection Condition Report
Energy Performance Certificate
Legionella Risk Assessment

Transferrable (with management) Rent Guarantee & Legal Protection Insurance  

NEED A MORTGAGE?
Why pay a mortgage broker fee of circa £500, or be restricted to your current lenders rates?

Especially when Martin & Co can introduce you to our FEE FREE Mortgage advisor with access to whole of market mortgages and offering potential savings against your current lender.

Call today to arrange a ten-minute (no obligation) telephone consultation (at a time to suit you)

One quick call at a time to suit you could potentially save you thousands of pounds over the course of your mortgage.

Please remember, your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it  

THINKING OF SELLING?
Our approach is all about you!

At Martin & Co we have over 25 years experience dealing with landlords, tenants, sellers, buyers and investors. We have over 190 owner managed offices throughout the UK ready to help you let a property, rent a new home, buy or sell. Don't take our word for it, let our actions convince you!!

Please contact our office today to discuss your individual requirements, or to arrange a free no obligation valuation.

Ps - To improve our viewer experience and to limit the number of speculative viewings, we now provide a FREE 360' Virtual Tour / interactive 3D Model and Video Tour for all new listings!

...And for a limited time, a FREE Rightmove Premium Listing.  

IMPORTANT COVID-19 INFORMATION, PLEASE READ
1. Please ensure all sales particulars including floor plans, room dimensions, video tours etc are viewed prior to arranging a viewing to ensure the property is suitable for your needs
2. Please use hand sanitizer before entering and upon leaving the property
3. A face-mask or covering will be required for all viewings
4. Please endeavor to maintain a minimum distance of 2m from our staff when inside a property
 
Map view