Offers over
£150,000
2 bed maisonette for saleParkway, Horley RH6
2 beds
1 bath
Added on
About this property
Attractive 7.5% Rental Yield
No Service Charge
£25 Annual Ground Rent
Excellent Buy-to-Let Opportunity
Strong Long-Term Investment Potential
Lease Renewal Available - £85,000
A fantastic opportunity for investors to acquire a property offering an attractive 7.5% rental yield and excellent long-term growth potential. With low ongoing costs, this is an ideal addition to any buy-to-let portfolio.
The property benefits from no service charge and ground rent of just £25 per annum, helping to maximise your returns. There is also the opportunity to renew the lease for £85,000, enhancing the property's future value and marketability.
Combining a strong 7.5% rental yield, minimal annual outgoings and excellent long-term investment potential, this is an opportunity not to be missed.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once your offer has been accepted, a £5,000 exclusivity deposit is required to secure the property. This deposit forms part of the final purchase price, it also forms as apart of the mortgage deposit if using a mortgage and is not an additional cost.
The reservation deposit ensures the property is immediately withdrawn from the market and reserved exclusively for you, helping to prevent gazumping, unnecessary delays and avoidable costs for both parties.
A non-refundable administration fee of £600 (including VAT) is also payable. This fee is separate from the purchase price and covers the administration required to prepare the legally binding agreement between the buyer and seller, granting you the exclusive right to purchase the property within the pre-agreed timeframe.
For cash buyers, searches and surveys must be indemnified in accordance with our Terms and Conditions.
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Tenure
Leasehold (34 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
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