Lake, Isle of Wight

£85,000Leasehold

111

Key Information

Tenure:Leasehold
Service charge:Not available
Ground rent:Not available
Time remaining on lease:Not available
Council tax band:A
Broadband:up to 900Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

1 Bedroom apartment
Buy to let investment
Close to Morrisons and village centre
Off road parking area
Tenant currently paying ÂŁ500 pcm

Description

The ideal buy to let investment in the heart of Lake. This one bedroom apartment is well sized, placed and comes to the market as a readymade let property.

Walking distance of the local village High Street, Morrisons superstore and also a handy convenience shop on the doorstep – this property is great for wandering to the daily essentials. There are good walks close by including that of Borthwood Copse or the coastal path which links through to Sandown and Shanklin.

Off road parking is certainly a handy benefit here with space for all apartments to park. The property itself is well sized with a double bedroom. The property offers a nice outlook and is generally very light.

Suitable for a Buy to Let investment with the current tenancy of ÂŁ500 pcm.

Local Authority - Isle of Wight Council
Council Tax Band - A
EPC - D
Tenure - Leasehold

Arrange Viewing

Broadlea Primary School
(0.27 miles)
Requires Improvement
Number of pupils: 346
Age Range: 5 - 11
Gatten and Lake Primary School
(0.66 miles)
Good
Number of pupils: 204
Age Range: 5 - 11
The Bay Church of England School
(0.93 miles)
Good
Number of pupils: 1281
Age Range: 4 - 16
St Blasius Shanklin CofE Primary Academy
(1.3 miles)
Good
Number of pupils: 197
Age Range: 5 - 11
Newchurch Primary School
(1.95 miles)
Good
Number of pupils: 216
Age Range: 5 - 11
Brading Church of England Controlled Primary School
(2.56 miles)
Good
Number of pupils: 176
Age Range: 2 - 11
Wroxall Primary School
(3.05 miles)
Requires Improvement
Number of pupils: 129
Age Range: 2 - 11
Arreton St George's Church of England (Aided) Primary School
(3.61 miles)
Requires Improvement
Number of pupils: 184
Age Range: 4 - 11
Godshill Primary School
(3.85 miles)
Requires Improvement
Number of pupils: 135
Age Range: 2 - 11
St Catherine's School
(3.87 miles)
Good
Number of pupils: 71
Age Range: 7 - 19

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ447 /mo.25 Years, 5% Interest
Loan
ÂŁ76,500
Total Repay
ÂŁ134,163

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ0

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