Look at this for a bargain, a 3 bedroom two storey flat for £125k! Going by the photo's it looks in good order, the kitchen looks very modern, and the rooms look huge.
The bad things are it's not the most attractive place from the outside, the EPC rating is F, the heating is just electric plug in heaters, and there's no mention of ground rent or maintenance charges or the length remaining on the lease. All would need to be investigated properly.
The weird thing is there's a gas hob in the kitchen, so you can easily fit a combi boiler and bring the EPC rating straight up to a D or C, and you might even get the cavity wall insulation done for free if there's any grants going.
This must surely rent for £700pm or more, so if bought at the asking price it makes a healthy 6.72% gross yield!
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