Details

**INVESTORS ONLY** Offered exclusively as part of our off market service is this two double bedroom apartment in Feering.

Investors come and take a look at this modern apartment in a prime location of Feering. The apartment provides a large lounge diner making it the central hub of the property. You have a modern kitchen with matching white eye and base level units integrated gas oven and hob and washing machine as well as a free standing fridge-freezer. Two double bedrooms one offering an en-suite shower room and fitted slding wardrobes and to finish you have you main family bathroom.

The property is perfectly situated for the use of the kelvedon train station, local high street shops and scenic walking routes along the river blackwater. You have one allocated parking space.

The Flat is current occupied on an assured shorthold tenancy currently achieving £1150 PCM with the fixed term contract valid until 04/12/2025. There is a break clause within this agreement valid as of 05/04/2025 whereby either party can end this contract early by serving 2 month's notice.

Lease information - 999 years from 1/9/2008 approx un-expired term of 982 years.
Ground rent - £0
Service charge - £1538.53 (Budget for the period 1/1/2025 - 31/12/2025)

NET YIELD - 6.13%

CONSUMER PROTECTION FROM UNFAIR TRADING REGS INFORMATION

LOCAL AUTHORITY - Braintree District Council

BROADBAND AVAILABILITY - Standard, Superfast and Ultrafast available (details obtained from Ofcom Mobile and Broadband Checker) January 2025

MOBILE COVERAGE - It is understood that the best available service in the area is provided by O2 with likely indoor and outdoor coverage while, EE Three and Vodafone all have Limited indoor coverage but likely outdoor coverage (details obtained from Ofcom Mobile and Broadband Checker) January 2025

FLOOD RISK - LOW chance of flooding (details obtained by the .gov website) January 2025

UTILITIES -
Mains Electric
Mains Gas
Mains Water
Mains Sewerage