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3 bedroom apartment for sale
Dove House Meadow, Great Cornard, Sudbury
£225,000
Dove House Meadow, Great Cornard, Sudbury
£225,000
Our Summary
- *Tenant In Situ*Welcome to this fantastic property offering a unique investment opportunity with an attractive leasehold arrangement
- Situated in a desirable location with views to the front over the River Stour, this property boasts 107 years remaining on its lease, ensuring long-term value and stability for potential investors
- If you're seeking a sound investment opportunity, this property offers the perfect blend of long-term value, financial stability, and tenant satisfaction
Description
This property presents an attractive investment opportunity with a unique leasehold arrangement, offering 107 years remaining on the lease and a manageable annual ground rent of £240. The property is currently tenanted with reliable occupants paying £885 per month in rent, and there is a convenient 6-month break clause for flexibility. The occupants have expressed a desire to stay and are willing to negotiate a rent increase, providing a steady income stream. With its prime location and appealing amenities, this property offers long-term value and financial stability for potential investors.