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Our Summary
- 4% with the potential to increase
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Description
This modern studio apartment is located in the center of Usk Town, within walking distance of local amenities, and is part of a development of only nine apartments built in 1997. The property has a sitting tenant and offers a potential return of around 4% per annum, with the possibility of increasing the rent. The studio apartment has a spacious open-plan living area with a kitchenette and bathroom, as well as a allocated parking space and communal garden to the rear.
The property benefits from mains electricity and water, electric heating, and a telephone connection (subject to transfer regulation). The apartment is leasehold for a term of 999 years from 1997, with management charges of £30 per calendar month, which includes the ground rent. The property has an energy efficiency rating of D61 and is located in Council Tax Band "B".