>
Maritime House, Portland 1 bed flat for sale
Maritime House, Portland
£85,000
Maritime House, Portland
£85,000
Our Summary
- Cash Buyers Only | Tenant in Situ
- *Due to the nature of the buildings construction, we advise that this property is only available to cash buyers only
Description
This self-contained studio apartment is situated on the second floor of Maritime House on the Isle of Portland, with lift access and a large double-glazed window allowing for plenty of natural light. The open-plan studio room features a modern fitted kitchen with wooden LVT flooring and a modern fitted shower room with a corner shower cubicle, low-level WC, and pedestal wash hand basin. The property is located in a pleasant community with nearby walks along the coastline and a range of shops and eateries in Easton Square. The current tenancy, a fixed-term assured shorthold tenancy, generates a gross yield of over 8% per annum based on a purchase price of £85,000. The property is available to cash buyers only due to the nature of its construction, and it comes with no onward chain. The lease information shows a 140-year lease from 2020, with a service charge of around £550 per year, ground rent of £1 per year, and buildings insurance of £225 per year, plus council tax and utilities.