2 bed Flat For Sale £115,000
A modern two bedroom apartment located just off Bridgwater's Town Centre, available with no onward chain.
Warmed by a gas central heating system, this second floor apartment is accessed via George Street through a gated entrance and then via a door to the communal entrance hall with stairs rising to the upper floors. The stairwell which is clean, tidy and well presented.
Internally there is a dual aspect and well proportioned living space which is open to the kitchen, two bedrooms, en suite shower room to bedroom one and the main bathroom.
The property is decorated to neutral colours throughout and currently tenanted, achieving £625 per calendar month.
There is a lease length of 999 years which started in August 2007. There is a service charge of £633.50 due every 6 months, or the option to to pay £105.58 per month. Each year any budget surplus is returned to the property owners, this is a legal requirement.
In terms of ground rent there is an option for a £50 ground rent to be taken, but as the flat owners are also the freeholders for the building this has never been imposed.
The flat owners of Kings Court are leaseholders of their flats but also own the freehold for Kings Court (16 flats each have equal share in owning the freehold of the building).
The owners of the properties in this block formed a rtm (Right to Manage) company and are responsible for the maintenance of the building and all communal areas. There is a management company, Blenheims, who take care of the day to day maintenance, collection of service charges, and all administration.
Five of the owners who are currently standing as Directors of the rtm get involved in decision making, budget planning and issue resolution.
There is the option for any owners to be voted in as a director should they so wish to be involved and all service charges from all owners are fully paid and up to date.
Please note that we have taken photographs as the property is now, but also included photographs from when it was vacant to help illustrate the flat as best as we can. Pets are allowed.
Ground Floor
Entrance door with key code system leads into the communal Hallway. Staircase to the second floor.
Second Floor
Entrance Hall (16' 1'' x 3' 2'' (4.90m x 0.97m))
Kitchen/Dining/Living (15' 5'' x 14' 1'' (4.71m x 4.28m))
Inner Hallway (13' 0'' x 3' 2'' (3.96m x 0.97m))
Bedroom One (13' 7'' x 8' 6'' (4.14m x 2.60m))
En Suite (6' 8'' x 7' 5'' (2.04m x 2.26m))
Bedroom Two (12' 2'' x 8' 8'' (3.72m x 2.65m))
Bathroom (6' 10'' x 6' 3'' (2.09m x 1.91m))
Warmed by a gas central heating system, this second floor apartment is accessed via George Street through a gated entrance and then via a door to the communal entrance hall with stairs rising to the upper floors. The stairwell which is clean, tidy and well presented.
Internally there is a dual aspect and well proportioned living space which is open to the kitchen, two bedrooms, en suite shower room to bedroom one and the main bathroom.
The property is decorated to neutral colours throughout and currently tenanted, achieving £625 per calendar month.
There is a lease length of 999 years which started in August 2007. There is a service charge of £633.50 due every 6 months, or the option to to pay £105.58 per month. Each year any budget surplus is returned to the property owners, this is a legal requirement.
In terms of ground rent there is an option for a £50 ground rent to be taken, but as the flat owners are also the freeholders for the building this has never been imposed.
The flat owners of Kings Court are leaseholders of their flats but also own the freehold for Kings Court (16 flats each have equal share in owning the freehold of the building).
The owners of the properties in this block formed a rtm (Right to Manage) company and are responsible for the maintenance of the building and all communal areas. There is a management company, Blenheims, who take care of the day to day maintenance, collection of service charges, and all administration.
Five of the owners who are currently standing as Directors of the rtm get involved in decision making, budget planning and issue resolution.
There is the option for any owners to be voted in as a director should they so wish to be involved and all service charges from all owners are fully paid and up to date.
Please note that we have taken photographs as the property is now, but also included photographs from when it was vacant to help illustrate the flat as best as we can. Pets are allowed.
Ground Floor
Entrance door with key code system leads into the communal Hallway. Staircase to the second floor.
Second Floor
Entrance Hall (16' 1'' x 3' 2'' (4.90m x 0.97m))
Kitchen/Dining/Living (15' 5'' x 14' 1'' (4.71m x 4.28m))
Inner Hallway (13' 0'' x 3' 2'' (3.96m x 0.97m))
Bedroom One (13' 7'' x 8' 6'' (4.14m x 2.60m))
En Suite (6' 8'' x 7' 5'' (2.04m x 2.26m))
Bedroom Two (12' 2'' x 8' 8'' (3.72m x 2.65m))
Bathroom (6' 10'' x 6' 3'' (2.09m x 1.91m))
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