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1 bed flat
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Price History
Our Summary
- Hereward Court, Railway Lane, Chatteris PE16 6NZAn excellent investment opportunity: this one-bedroom ground-floor flat comes with a tenant in situ paying £600 pcm
- A key selling point is that each flat owner has a share of the freehold, providing security and potential for long-term value
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Description
This one-bedroom ground-floor flat in Chatteris, Cambridgeshire, is an excellent investment opportunity with a tenant in situ paying £600 per month. The property features a spacious open-plan kitchen/dining/living room, a double bedroom, and a bathroom, with an allocated parking space and communal garden with drying area. A key selling point is that each flat owner has a share of the freehold, providing security and potential for long-term value.
The flat is leasehold with approximately 100 years remaining on the lease, and there are no ground rent or maintenance charges, only an annual building insurance payment of around £800. The property is being sold with a tenant in situ, making it a superb buy-to-let opportunity with immediate income and straightforward management.