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Lowthian Terrace, Columbia, Washington 4 bed flat for sale
Lowthian Terrace, Columbia, Washington
£140,000
Lowthian Terrace, Columbia, Washington
£140,000
Our Summary
- Riverside Residential bring to the market this great investment opportunity - two apartments on a Peppercorn Lease (ground and first floor) both two bedroom and in great condition with shared rear yard, situated on Lowthian Terrace in ColumbiaBoth of the properties are currently long term tenanted bringing in an immediate income with great tenants
Description
Riverside Residential presents a fantastic investment opportunity in Columbia, consisting of two two-bedroom apartments on a Peppercorn Lease, located on Lowthian Terrace. Both properties are in great condition and boast modern bathrooms and kitchens, with no internal work needed. The apartments are currently long-term tenanted, generating an immediate income, with the ground floor tenant paying £520 per month and the first floor tenant paying £500 per month. The Peppercorn Lease means that the buyer will not be responsible for costly maintenance fees, unlike with other apartments. Additionally, the properties fall within Council Tax Band A, and the tenure is freehold. This is an excellent chance to invest in a solid rental income stream with minimal upkeep responsibilities.