Otter Springs, Gillingham - 2 Bed
2 Bed Flat - Offers in Excess of £120,000
Offered to market as an on-going buy-to-let opportunity, this property has a fixed term tenant in place, for a gross rental return of 6%.
An immaculately presented first floor flat set in a modern purpose built building. The property has recently undergone a programme of refurbishment to include new carpets and redecoration throughout. Accommodation comprises; Entrance hall, airing cupboard, bathroom, single bedroom, double bedroom, living room, kitchen. Outside there is allocated parking to the side of the building, and to the rear there are well maintained communal gardens.
Otter Springs is situated within a sought after modern development which is located on the southern side of the town of Gillingham. Gillingham offers services to cater for the majority of everyday requirements including Waitrose, Asda and Lidl supermarkets, a pharmacy, bank, post office, doctors surgery, along with pubs and cafes. Gillingham further benefits from a mainline railway station serving London Waterloo (2 Hours) and is located just 4 miles from the A303 giving access to the South West and London via the M3, whilst the A350 provides access to the coast. The area provides a number of highly regarded state and private primary and secondary schools and numerous countryside pursuits including, golf, horse riding, cycling and sports centres.
Mains water, drainage and electricity are connected to the property. Council Tax Band B. 125 years leasehold from 2005. Maintenance fee including insurance and sinking fund c.£1,432pa. Ground rent c.£125.pa.
- INVESTORS - 6% YIELD
- Two Bedroom First Floor Flat
- Modern Apartment Building
- Gross Yield 6%+
- Modern Fitted Kitchen and Bathroom
- Double Glazed
- Allocated Parking
- Newly Refurbished
Energy Performance Certificates (EPC)
Our Ref: DOMUS-537527