**GOOD INVESTMENT OPPORTUNITY**TENANT IS CURRENTLY PAYING £925 PCM - 7.9% rental yield*CASH BUYERS ONLY**GOVERMENT ARE COVERING COSTS FOR CLADDING WORKS**The current tenancy ends on 31st May 2023.

A splendid corner large one bedroom apartment in Slater House, Lamba Court. Approx 624sq.ft. Situated on the second floor of building with dual aspect views and a juliet balcony. Benefitting from a secure parking space. Tenanted at £925 pcm/ 6% rental yield. Council Tax Band A.

Fantastic transport links, local amenities and only a 10-15 minute walk into the City Centre. The apartment comprises of; a long entrance hallway, a very generously sized living/ dining area with lots of light beaming through with dual asepct views and a juliet balcony. An open plan kitchen with floor to ceilings units.

A well sized bedroom, again with lots of light and benefitting from fitted wardrobes. A three piece suite bathroom to go with and a large storage cupboard.

The apartment is in very good condition throughout and has been well looked after. An ideal no stress investment with a fantastic rent of £925 pcm being achieved from early June. EPC Rating C.

Lease/ Cladding Information

125 years from 1 January 2004

Service Charge

The service charge for period 1st October 2022 - 30th September 2023 was £1724.43.

Ground Rent

The ground rent is £216.89 per year.

Remediation Work

A letter from Bellway to Lamba Court Leaseholders, detailing that they will cover the costs of remediation and will work with the management company to achieve this.

We (leaseholders) are due to have an update meeting with the management company (Zenith Property Management) shortly, so hopefully the remediation work will start soon.