Apartment 10 Grange Court Wombwell S73 0EZ

Apartment 10 Grange Court Wombwell S73 0EZ

INVESTMENT SUMMARY Just 75,000 2 bed, 2 bath (one en-suite) 2nd floor apartment Built 2011 61.66 m² (661 ft²) Tenanted at 450pcm (No rental increase since 2011 - scope to increase yield) Current tenant has been in situ since June 2017. Only 3 tenants since new Allocated parking space Gross Yield of 7.2% (7.9% @ 495pcm) 118 years remaining on lease 3 Years Remaining on NHBC guarantee 5.1% Yield Net of service charges and ground rent (5.8% @ 495pcm) 2

3 PROPERTY DETAILS Broadgate Residential Investments are pleased to welcome to the market this well presented two bedroom second floor apartment. Having a planned layout comprises communal entrance hall with entry phone system, hallway with two storage cupboards, open plan living room/kitchen, two double bedrooms, the master with ensuite shower room and family bathroom. Communal lawns and wooded grounds with designated parking space and ample visitor parking.

LOCATION AND SITUATION 4 Close to the centre of Wombwell, only a short walk from the High Street with its selection of local amenities, including a wide range of shops, pubs, takeaways, banks and supermarkets as well as a post office and pharmacy. The out of town shopping complex, Cortonwood Retail Park offers a wider range of household name stores. Barnsley town centre is also nearby, and there is easy access to the M1 and A1, as well as to Doncaster, Sheffield, Rotherham and Leeds.

9 Our Team Kevin Dickins CEO Kevin has been involved in the acquisition and sale of UK investment property for over 12 years, overseeing 1200 property transactions in this time. Kevin has a portfolio of UK buy to let properties throughout the UK including Salisbury, Manchester, Newcastle, Surrey and Nottinghamshire. He is passionate about investors educating themselves to ensure they understand their genuine net investment returns rather than making speculative property investments. Harvey Mills Head of Sales Harvey, a former Martin and Co director, has worked in the property industry for over 30 years. As well as being our Senior Sales Advisor, he also oversees our property management business and planning consultancy matters. Patricia Hakong Finance Director Patricia Hakong is a Chartered Accountant, with extensive experience in finance, risk management, and regulatory compliance in the general insurance and financial services sector. Her main areas of focus in the last 15 years have included management, financial and regulatory reporting; risk management; internal audit; catastrophe loss modelling; and capital setting, principally in the Lloyd s market. Gareth Frampton Head of Operations Gareth has been involved in Broadgate since its incorporation in 2010. His main areas of focus are due diligence, sales progression, marketing and finance. He previously worked with financial advisors Edward Jones. Danielle Koureas Property Investment Advisor Danielle has worked as a Property Investment Advisor for 15 years. Originally from Australia, she has now been working in the property industry in the UK for the past 13 years. Patricia Dickins Marketing Patricia has worked in property investment marketing for 9 years. She compiles our brochures and looks after our website.

Head Office: Tel: 01722 580263 London Office: Tel: 0207 183 0726 info@thebroadgategroup.com Whilst the utmost has been done to verify the contents of any printed or electronic formatted document, they have no authority to make or give any representations or warranties in relation to any property. Any particulars provided do not form any part of an offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. Any text, photographs and plans are for guidance only and are not necessarily comprehensive. Purchasers must satisfy themselves by survey or otherwise. Any particulars or plans provided are prepared from preliminary plans and specifications before completion of the properties and are intended only as a guide. They may have changed during construction or finishes could vary. Prospective purchasers should not rely on this information but have their solicitor check the plans and specifications attached to their contract. The Purchaser understands that this does not form a contract of purchase and that all purchase contracts will be provided by the vendor to the Purchaser s solicitor. Any reservation fee required is non-refundable and reserves the property until the date of exchange outlined by the vendor. Should the purchaser not be seen to be making fair and reasonable progress to exchange on the date set the Purchaser understands that the vendor may re-offer the property to the open market and the reservation fee will remain nonrefundable. The purchaser understands exchange and completion deposits are payable to his/her solicitor, that property values can decrease as well as increase and that rental income achieved may not always match that predicted.