Property Brief
Second-floor, two-bed apartment situated on the ever-popular Victoria Dock development. The property briefly comprises an entrance hall, living room, kitchen, bathroom and two bedrooms.

The apartment also benefits from a designated parking space and views of the river basin.

Condition Report
The property is overall in very good condition with no major works required. The tenant keeps the apartment in a clean and tidy condition.

Rental Information
Current rent: £595 pcm 
Market rent: £650 pcm
Tenancy agreement: Assured Shorthold Tenancy
Tenancy start date: August 2023

Leasehold Details
Lease length: 99 years
Service charge: £75.67 pcm
Ground rent: £50 pa

Comparables
2 x similar properties on Hartley Bridge listed for £124,950 and £105,000 respectively.

Compliance
Electrical certificate (EICR): Test date February 2021
EPC rating: C
Council Tax Band: A

Figures
Estimated upfront costs below:

Deposit = £23,750
Stamp duty = £2,850
Broker fee (Est.) = £500
Solicitor fee (Est.) = £1,200
Ultralets fee = £1,800

Total = £30,100

Current yield is 7.5%

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