The Broadway, Thatcham, Berkshire, RG19
2 beds | 1 bath | 1 reception | Guide price £200,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
- Tenant in situ, achieving £1,300 per month
- 7.4% gross yield
- No chain
- Newly converted in 2023
- 10 year warranty
- High quality finish
- Parking spaces available to rent nearby
- 999 year lease from 2023
- Three apartments available to purchase
** Virtual tour available **
This newly converted, top floor apartment has been beautifully finished to an exceptional standard and is being sold with a tenant in situ with a fantastic yield.
DESCRIPTION
Converted from an old bank in 2023, this wonderful first floor apartment is being sold with a tenant in situ, generating a 7.4% gross yield. Accommodation comprises an entrance hallway with a utility cupboard, leading to the spacious open-plan kitchen-dining-living area with an abundance of light and space. Also off the hallway are two double bedrooms, both with a fantastic feature window, and a modern bathroom. All kitchen fittings and white goods are included in the sale.
OUTSIDE
There is parking available to rent in a nearby parking area, which has been agreed at a price of £60 per month.
SERVICES AND MATERIAL INFORMATION
All mains services are connected except gas and the property operates on electric heating.
Council tax band: B
Energy efficiency rating: D
Length of lease (years remaining): 998 years from date of listing
Annual ground rent amount: £10.00
Ground rent review period: Annual
Annual service charge amount: £600.00
Service charge review period: Annual
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
£10.0
Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
ASK AGENT
Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
£600.0
Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
998
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