Studio for sale

Perrymount Road, Haywards Heath RH16

Duffy & Co proudly presents this well-maintained studio apartment in Cleveland’s, offering an excellent investment opportunity or an ideal first purchase.

Located in a prime Haywards Heath location, the property is just steps from the mainline station and the convenience of Waitrose supermarket, making it perfect for those seeking accessibility and convenience. Currently let under an Assured Shorthold Tenancy (AST) to a satisfied tenant, this property is a smart choice for investors or first-time buyers.

This well-maintained 2nd floor property offers excellent access to Haywards Heath mainline station and is just steps away from Waitrose supermarket, making it an ideal choice for both owner-occupiers and investors. The property benefits from an allocated off-road parking space and visitor parking for added convenience.

The interior is neutrally decorated with modern grey carpets and light grey walls, creating a contemporary feel. The separate fitted kitchen includes plumbing and space for a washing machine and a freestanding fridge freezer. The part-tiled bathroom features a low-level WC, hand basin, and a bath with a shower above. Additional storage is provided by a handy cupboard in the entrance hall.

Currently rented for £800 pcm, the property achieves an approximate gross yield of 6%. With similar properties now renting for around £900 pcm, the potential gross yield could increase to approximately 6.75%.

Key Details:
•Current Rent: £800 pcm (potential £900 - 950 pcm)
•Tenure: Leasehold with share of freehold
Lease Length: 125 years from 25 December 1988 (90 years remaining)

Managing Agents: Hunters Estate and Property Management Limited
Service Charge: £1,418.00 per annum (includes reserve fund)
no Ground Rent Charge

•Parking: One allocated space + Visitor parking
•Windows: Double glazed
•Heating: Electric wall heaters.
•Flood Risk: Low, with no reported issues

EPC: 'C'