1 bed Flat For Sale £150,000
A purpose built ground floor apartment close to the town centre, seafront and Hotham Park. Comprising large lounge/dining room, modern kitchen and shower room, double bedroom with built-in wardrobe, an allocated parking space as well as several visitor spaces and communal gardens.
Our comments: Located less than 300m from Hotham Park and 900m from the town centre, is this purpose built one bedroom ground floor apartment. With one allocated parking space, several visitor spaces and common gardens, the apartment is well serviced.
The accommodation comprises a lounge that is large enough to take a sofa suite and a dining set, a modern kitchen (replaced 2015) with built-in oven, grill, hob and air recycler hood. The bathroom has had the bath removed and replaced with a super-sized shower and the bedroom has a built in wardrobe.
We think these apartments are ideal first time purchases and are unsurprisingly popular with landlords, who should expect a rent in the region of £725 pcm, yielding a gross return in the region of 5.5 - 6%
Lounge: 17' 2" x 10' 8" (5.25m x 3.26m)
Kitchen: 9' 3" x 7' 0" (2.84m x 2.15m)
Bedroom: 11' 7" x 9' 3" (3.55m x 2.84m)
Shower Room: 5' 8" x 6' 9" (1.74m x 2.06m)
Lease Information: The vendor informs us that a new lease will be provided on completion of 99 years, the current ground rent is £50 pa and the current maintenance charge is £600 pa including insurance. We have not sighted documents to evidence this and advise that should you proceed to purchase this property this should be checked by your conveyancer.
Our comments: Located less than 300m from Hotham Park and 900m from the town centre, is this purpose built one bedroom ground floor apartment. With one allocated parking space, several visitor spaces and common gardens, the apartment is well serviced.
The accommodation comprises a lounge that is large enough to take a sofa suite and a dining set, a modern kitchen (replaced 2015) with built-in oven, grill, hob and air recycler hood. The bathroom has had the bath removed and replaced with a super-sized shower and the bedroom has a built in wardrobe.
We think these apartments are ideal first time purchases and are unsurprisingly popular with landlords, who should expect a rent in the region of £725 pcm, yielding a gross return in the region of 5.5 - 6%
Lounge: 17' 2" x 10' 8" (5.25m x 3.26m)
Kitchen: 9' 3" x 7' 0" (2.84m x 2.15m)
Bedroom: 11' 7" x 9' 3" (3.55m x 2.84m)
Shower Room: 5' 8" x 6' 9" (1.74m x 2.06m)
Lease Information: The vendor informs us that a new lease will be provided on completion of 99 years, the current ground rent is £50 pa and the current maintenance charge is £600 pa including insurance. We have not sighted documents to evidence this and advise that should you proceed to purchase this property this should be checked by your conveyancer.
