Property Image
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Floor Plan
SSTC

£240,800

3 Bedroom Apartment SSTC

Paulet Place, Stanmore, Winchester

Key Features

  • investment opportunity
  • tenanted sharer property - art 4 compliant
  • contracted tenancies to june 2024
  • sold as a going concern inc furniture and appliances
  • excellent location close to uni and hospitals
  • three double sized bedrooms
  • kitchen and dedicated living room
  • spacious 763 sq feet
  • very popular rental - unbroken lettings record
  • £21,384 gross rent pa - 8.88% gross yield

Property Description

**INVESTORS ONLY** 8.88% Gross yield going concern tenanted flat for sale. This modern and spacious three bedroom bed first floor flat is tenanted through to June 2024. The flat is let at £1,782 per calendar month including broadband and water, excluding gas and electricity. Excellent location in Paulet Place, Stanmore very close to the University and hospitals. The property is Article 4 exempt, permitting letting to students and sharers. Very popular rental, three bedroom properties being scarce and appealing very well to students and nurses alike. The flat is on the first floor and has three double sized rooms and a large lounge. The flat has a separate fully fitted kitchen and bathroom with both bath and shower and a separate WC. The flat has gas central heating and a C grade energy performance rating. Lease length 88 years. Ground rent £10 pa. Last service charge £552 pa. Contact us at Martin & Co for further details and viewing.
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