Maritime House
Portland
Offers over £80,000
£80,000
Tenure: Leasehold
Ref: WMT106099
- Cash buyers only
- Tenant in situ paying £695pcm offering 9.8% rental yield
- One double bedroom
- Open-plan living area
- Beautiful sea views
- Great investment opportunity
- No forward chain
- Lift access read more show less
monthly mortgage estimate
**CALLING ALL CASH INVESTMENT BUYERS** **TENANT IN SITU PAYING £695PCM OFFERING 9.8% RENTAL YIELD. This One double bedroom third floor apartment within Maritime House, Portland offers stunning sea views and an open-plan living area. This is a fantastic investment and viewing is a must.
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- Years remaining: 111 years
- Current ground rent: £0
- Ground rent review period: Contact branch
- Annual service charge: £825
- Ground rent increase: Contact branch
Council Tax Band: A
Tenure: Leasehold
floor plans
in detail
Entrance into the main building is via a communal door, leading into a communal hallway with stairs and lift access to all floors. Apartment 16 is on the third floor offering an open-plan living area with a kitchenette and beautiful sea views from the front aspect double glazed window. The separate bedroom is a double with a front aspect double glazed window offering beautiful sea views. The separate shower room offers a shower cubicle with a wall mounted mixer shower, low level WC and a wash hand basin.
There is a tenant in situ paying £695PCM offering a 9.8% rental yield making this a fantastic investment opportunity. The tenant moved into the property on the 2nd October 2023 under a 12 month tenancy with a 6 month break clause. The property is fully managed by our lettings department in branch.
*Due to the nature of the buildings construction, we advise that this property is only available to cash buyers only.
There is a tenant in situ paying £695PCM offering a 9.8% rental yield making this a fantastic investment opportunity. The tenant moved into the property on the 2nd October 2023 under a 12 month tenancy with a 6 month break clause. The property is fully managed by our lettings department in branch.
*Due to the nature of the buildings construction, we advise that this property is only available to cash buyers only.
Open-Plan Living Area
17' 9" Max x 10' 5" ( 5.41m Max x 3.17m )Bedroom
11' 4" x 10' 5" ( 3.45m x 3.17m )Shower Room
location
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energy efficient rating
Monthly mortgage estimate
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY
AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.
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