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2 bedroom apartment for sale
The Hedgerows, Sleaford, Lincolnshire, NG34
£80,000
The Hedgerows, Sleaford, Lincolnshire, NG34
£80,000
Our Summary
- Investment Opportunity offered for sale subject to existing assured shorthold tenancy agreement, currently let at £480pcm but potential to increase this
Description
This investment opportunity is a leasehold first-floor apartment located on a modern development near the town centre, currently let at £480 per month under an assured shorthold tenancy agreement. The property features gas central heating, uPVC double glazing, and parking. The apartment has a lounge, kitchen, two bedrooms, and a bathroom, all accessible from a communal hallway. The property is subject to a lease with 992 years remaining, with an annual ground rent and service charge of approximately £1,800. The current tenants will need to be served a Section 21 Notice by the landlord if a sale is agreed, and the buyer will need to confirm their intentions with the vendor.