Cranleigh Rise, Rumney

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CASH BUYERS only. In need of full renovation and with a lease of 79 years remaining. Popular location close to a vast array of shops and eateries in Rumney Village. Easy access to the A48/M4 links. Excellent bus links to the City Centre. Ground floor flat with two double bedrooms, living room, kitchen and bathroom. Double glazing to all rooms. Perfect renovation project. As a rental you could expect a yield of circa £800 pcm and as a re-sale around £140,000

IMPORTANT INFORMATION

Leasehold: The lease is for 99 years from 4 December 2003 (80 years remaining). Ground Rent: is £50 for first 33 years of the lease; £100 for next 33 years; and £150 thereafter. Service Charges: There is no service charge as such. The 6 flats in the block are simply billed as and when for various works by Warwick Estates. In the last year, the charges for each flat have only been £376 in total.