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Nursery Road, Ross
Nursery Road, Ross-on-Wye, HR9
£125,000
Nursery Road, Ross-on-Wye, HR9
£125,000
Our Summary
- A very attractive Investment Opportunity to take on a nicely located and smart two bedroom flat with long term tenant in-situ
- Service Fees: £1,231 per year (normally below £400, but additional funds required for external redecoration - a temporary addition only)
Description
This is an investment opportunity to purchase a two-bedroom flat in Ross on Wye, with a current rent of £675 per month and a gross yield of 6.5%. The property is fully tenanted and has all certifications current, with the tenant in situ. The flat is located in a convenient area, just 800 yards from the town center, and features a lounge, kitchen, and bathroom, as well as private parking and communal gardens. The property is leasehold with 90 years remaining on the lease, and the service fees are £1,231 per year. The agent, Northwood, is managing the property and would be happy to continue doing so if the new owner wishes. This is an attractive investment opportunity with immediate rental income and no fees to transfer the lettings.