Riverside Residential bring to the market this great investment opportunity - two apartments on a Peppercorn Lease (ground and first floor) both two bedroom and in great condition with shared rear yard, situated on Lowthian Terrace in ColumbiaBoth of the properties are currently long term tenanted bringing in an immediate income with great tenants.Peppercorn lease means no costly months maintence costs you will have with other apartmentsDetails on Rent:14, -- (ground floor) Tenant since -- 1st April 2022Rent -- 495pcm14A, -- (First floor)Tenant since -- 6th October 2017Rent -- 475pcmBoth apartments are larger style two bedroom units with modern bathrooms and kitchens so no work needing to be done internally.Tenure: Freehold
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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